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  Politics 
24 of July, 11:04

Financial times: Ukraine dispute with creditors have entered a decisive stage
The confrontation between Ukraine and international creditors, which lasted several months, has reached a crucial stage in the near future Kiev will be forced to accept the conclusion on the payment of the next part of public debt or the Declaration of default, writes.

The trigger may be another payment in the amount of 120 million dollars, which the Ukrainian authorities, until now unsuccessfully trying to come to a consensus with creditors to restructure its debt, must pay on the last working day of the week, reminiscent of the magazine.

"If the agreement with the creditors will Not be achieved, the economic situation will worsen and the Western plan of salvation does Not work ", - quotes the FT opinion of the chief economist of Ukrainian Bank of America Merrill Lynch Vadim Khramov.

The Minister of Finance of Ukraine Natalia Jaresko was originally expressed confidence that Kiev will be able to find a common language with creditors. However, months of negotiations turned into a fierce verbal sparring between the Ukrainian authorities and the Commission, representing the 4 largest private lenders. In the negotiations between the Ukrainian authorities and lenders over the past week there has Not been any particular contract - it was noted that progress is being made, But wasn't released any details, and further dialogues have been postponed indefinitely, stresses the magazine.

If the creditors continue to insist on an agreement that does Not involve writing off, said an analyst from Goldman Sachs Andrew Matheny, Ukrainian authorities will go on a moratorium on the payment of the public debt. Perhaps after all it might happen on the last working day of the week. However, such a step would undermine the credibility of Ukraine from investors and impede market access in the future, it is reported in the publication.

international monetary Fund (IMF) until now did Not exclude the disbursement of the next tranche to Ukraine in the amount of 1, 7 billion. The decision has to be taken at a meeting of the Board of Directors of the IMF on July 31. However, If Kiev fails to pay $ 120 million on the last working day of the week, it may be difcult dialogues about giving him the money from the IMF, highlights FT.


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