Yatseniuk: if the law on the restructuring will not accept, will be defaulted
The failure to vote in Parliament according to the law on the restructuring of public debt would constitute a de facto Declaration of default, said Prime Minister of Ukraine Arseniy Yatsenyuk at the meeting of Parliament on Thursday.

The failure to vote in Parliament according to the law on the restructuring of public debt would constitute a de facto Declaration of default, said Prime Minister of Ukraine Arseniy Yatsenyuk at the meeting of Parliament on Thursday.
The Verkhovna Rada is currently considering a package of government laws that are designed to start the legal procedure for the restructuring of public debt of the country.
"Megalomania for this package (laws - as amended) means the actual Declaration of default. Megalomania for this package means that Ukrainian citizens will not be able to get a raise social benefits, standards, pensions and salaries, " - said Yatsenyuk.
The Prime Minister also said that he hoped the support of Parliament." This government, with the assistance of the Verkhovna Rada of Ukraine, on which I dream, write off debts and will enable the Ukrainian economy to grow, but the Ukrainians to get a decent wage and be able to continue to create the economic basis for the improvement of the country. I am convinced that today (Thursday) we will take the correct decision of the government ", - noted Yatsenyuk.
The Cabinet first approved the provisional rules for the restructuring of the external public debt of Ukraine, which were made on the results of talks in Kiev with the creditors ' Committee. According to these agreements, Kiev will write off 20% of the nominal debt - 3, 6 billion of the 18 billion dollars. Prime Minister of Ukraine have said before, that to complete the legal procedures of restructuring the Parliament is obliged to adopt a package of relevant laws.
in addition, given the delay in payments until 2019. Interest on the new bonds will be paid twice a year, a coupon for all securities will be Usually 7, 75% against 7, 22% before. The Russian Ministry of Finance has already confirmed many times highlighted the position of the Russian Federation in this restructuring to participate no plans. The timing of payments, purchased by Russia Eurobonds for $ 3 billion, comes at the beginning of winter.