The Finance Ministry of Ukraine failed to come to a consensus with Russia on restructuring debt by 3 billion dollars, told reporters the head of the Ministry of Finance of the Russian Federation Anton Siluanov.
"We (the Ministry of Finance of the Russian Federation - ed.) expressed the position about the necessity of repayment of the debt of the Russian Federation. Colleagues from the Ministry of Finance of Ukraine said that they have like no money in the budget, and made an offer to us to participate in the restructuring with commercial creditors. What Russia's position was the opposite: We are not a commercial lender, We are a sovereign, for this reason we find such rules is unacceptable. We agreed to continue the dialogue, "- said Siluanov at the meeting with his Ukrainian counterpart Natalie Jaresko on the sidelines of the summit "the financial twenty" in Lima (Peru).
Ukraine in September launched a legal procedure for the restructuring of its public debt. The government of Ukraine was first included in the perimeter of restructuring and Russia bought Eurobonds for $ 3 billion. In Kyiv they are considered commercial, and not public credit. Russia repeatedly stating the position that to participate in this restructuring has no plans and will demand full repayment of Ukraine's Eurobonds in the beginning of winter this year.
More about the structure of the external debt of Ukraine