The Ministry of Finance of Ukraine has said about "willingness to find solutions" on Russian debt

The Ministry of Finance of Ukraine announced the completion of the restructuring of public debt, noting that the holders already receive fresh bonds and derivatives. Similarly, in the statement it is reported that Ukraine regrets that the Russian Federation did not give consent to restructuring the debt, but is ready to seek resolution of the situation with the Russian side.
"The Ministry of Finance of Ukraine gladly informs about the completion of the restructuring of public and publicly guaranteed debt 13 bonds of external state loans and state-guaranteed Eurobonds ", - said the Ministry, RIA " Novosti ".
according to him, the bond holders who timely filed a proper instructions regarding participation in the exchange of securities already receive fresh government bonds and derivatives under the terms of the exchange. Similarly, in the statement it is reported that Ukraine regrets that the Russian Federation did not give consent to restructuring the debt, but is ready to seek resolution of the situation with the Russian side." Ukraine regretted that the holders of these bonds did not want to support the important for Ukraine debt restructuring deal. At the same time, the government of Ukraine, during their Treaty obligations, ready to find a solution with the holders of these bonds maturing in early winter of 2015 ", - told in Department. Before the last working day of the week the head of the Ministry of Finance of Ukraine Natalie Jaresko acknowledged that if Ukraine does not make a payment of Russian bonds for $ 3 billion, then Moscow can declare a default of Kiev. On 29 October it was announced that the North America together with other Western countries assume in November to change its policy of lending to the international monetary Fund to allow the IMF to continue financing of Ukraine in case of Russian default on the loan. On October 26 the Prime Minister of Ukraine Arseniy Yatsenyuk said that if Russia wants Ukraine returned to her at least part of the debt in 3 billion dollars, it has until October 29 to accept the terms of Kiev to its restructuring and partial retirement. According to the Ukrainian Prime Minister, otherwise Moscow will have to go to court. For its part in the Russian Finance Ministry told that the Russian Federation will not take part in the meetings of private creditors of Ukraine on restructuring the debt of Kiev. The head of the Ministry of Finance Anton Siluanov said that the requirements of the Russian capital to Kiev are bound to have a privileged status in comparison with the requirements of the private creditors, because the debt in 3 billion dollars is a sovereign loan. Also, the Finance Minister said that the Russian Federation will take legal action to protect its interests as a creditor, if Ukraine will repay the debt in 3 billion dollars at the beginning of winter.


sections: Politics