Suslov: the Russian Federation has the right to demand from Kiev to make an early repayment of $3 billion

Russia may require from Ukraine early repayment of debt in 3 billion us dollars in Accordance with the terms of the loan, said the Minister of economy of Ukraine in 1997 -1998, Viktor Suslov.

" Yes, the Russian authorities) have the ability under the terms of the loan require, have the opportunity not to demand, but by the end of 2014, the Russian government officially stated that to require early repayment will not, " said Suslov.

The Minister of Finance of the Russian Federation Anton Siluanov said on the First day of the weekend that Ukraine had violated the rules of rendering of Russia loan of $ 3 billion, allowing the excess public debt above 60% of GDP, Moscow has every reason to demand from Kiev early repayment of the loan, but the solution until it is not accepted.

first source in the Russian government said that a number of parameters that were provided Ukraine Russian bonds are broken, which Moscow has the possibility of being forced to demand from Kiev early repayment of debt in 3 billion dollars.

" the rules are known. For example of the main features that have been agreed under the loan - the excess of Ukraine the amount of debt 60% of GDP, As one of the bases has the opportunity to be a requirement of early repayment of this debt, " said Suslov.

in the early winter of 2013 Moscow And Kiev agreed on granting the Ukrainian side financial assistance in the amount of fifteen billion dollars. Russia had to place in Ukrainian government bonds this amount borrowed from the national welfare Fund (NWF). the 1st tranche of $ 3 billion, the Russian side have listed in the beginning of winter, buying Eurobonds Ukraine, maturing in 2015 And a coupon rate of 5% per annum.

One of the main conditions of Ukrainian Eurobonds issue was the prohibition on exceeding a threshold level of debt at 60% of GDP. In case of violation of this rule, the holder of Eurobonds may request early redemption. Now the Ukrainian GDP is declining, while foreign debt is increasing. Experts predict that in 2015 the state dog may exceed 60% of GDP.

according to Suslov, data on the possible demand of the Russian Federation early debt repayment Ukraine until not officially confirmed." I Wish to draw attention to the fact that at the end of the year (2014 - editor) were statements by officials of the Russian Federation that the Russian Federation is not going to demand early repayment of this debt, " said Suslov.

first sources familiar with the talks on economic aid to Ukraine, said that Russia's offer to postpone the repayment of Ukrainian Eurobonds by $ 3 billion since the end of 2015 until at least the completion of the program international monetary Fund (IMF), which will last a few years, otherwise the international financial institutions have the ability to refuse to allocate money Ukraine. As explained by one of the interlocutors of the Agency who was familiar with the negotiations in Kyiv And the IMF, in 2015 Ukraine must pay 6, 5 billion dollars, of which nearly fifty percent of the debt owed to the Russian Federation. And only 1, 5 billion before the international monetary Fund. It turns out that in the case of a borrowing of money from financial institutions of Europe And America, the lion's share of the funds to the taxpayers of these countries will have to give Russia, he added.


sections: Politics