EBRD plans to invest in Ukraine for 8 years
Irina Chumakova. The European Bank for restoration and development (EBRD) plans to invest in Ukraine for eight years, but agitates the country's Parliament to quickly approve the draft law for restructuring of public debt.

Irina Chumakova. The European Bank for restoration and development (EBRD) plans to invest in Ukraine for eight years, but agitates the country's Parliament to quickly approve the draft law for restructuring of public debt.
it is important that the Parliament " blessed of the agreement on re-structuring of debts ", "Because we have a two-week horizon," said managing Director of the EBRD in Eastern Europe and the Caucasus Francis Malizh Ukrainian investment forum in London.
"Because it will bankrupt the country in two weeks or not - We don't know," added Malizh.
first it claimed that on 30 September, the EBRD Board of Directors will look at the issue of providing Ukraine loan. Discuss the amount, according to the Ukrainian side, is 300 million dollars.
"Two four-year period - is that the investment horizon. We will invest in banks, to develop different products that allow citizens to adapt to the European market, the new market, which opens, " said Malizh.
Forty billion of the IMF, according to His statement, " are used in order to stabilize the situation, to make space for investors."" A lot of money, but they are just a drop in the ocean, if nothing will be done. We rely on you and ready to guide you, but without you we have nothing to achieve in Ukraine ", - said Malizh.
before the Minister of energy and coal industry of Ukraine Volodymyr demchyshyn said that the country hopes in September to receive an EBRD loan of 300 million dollars, and also maintains an active dialogue with the world Bank on bringing five hundred million dollars and with the IFC about the attraction of 200-250 million dollars.
Meanwhile, restructuring of the state debt is one of the conditions for the allocation of Kiev IMF 17, 5 billion dollars in a four-year program of the extended payment. From the receipt of these funds will largely be based, will have the opportunity for Ukraine to defend itself threatening her of default.
The next step of writing off debts Kiev private creditors is obliged to become the adoption by Parliament of the bill, which is bound to make the legal framework for restructuring. Its development on behalf of Prime Minister of Ukraine Arseniy Yatsenyuk engaged in the Ministry of justice and the Ministry of Finance.