Russia is ready to restructure Ukraine's debt, but it's time for her to "stop acting" about the sovereign nature of the loan. This was announced by Prime Minister Dmitry Medvedev, reports TASS.
"Clearly, we are talking about the promise, which arose in the Ukraine as a state, and not from some commercial structures. This is completely understandable, all the other manipulations" - leads the Agency of his word. Medvedev added that one of the terms of restructuring - a guarantee on debt, which would give a first-class Bank.
According to the statement of the Prime Minister, Russia will take the final decision on the fate of the Ukrainian credit in the next 3 weeks. If agreement does not, Kiev is threatening a default, he warned.
Medvedev also said that the process of negotiations on the debt have no affiliation with the anti-Russian sanctions, reports RIA Novosti. Moscow will not seek to remove restrictions in exchange for the restructuring, he said.
On November 16 the head of the Ministry of Finance Anton Siluanov said that Russia made Ukraine curious sentence about the order of debt payment. With all this, the civil servant did not disclose any details. Later in the day at the G20 summit, President Vladimir Putin announced that Moscow is ready to go for an installment loan: payment of 3 billion that Kiev needs to carry out in early December of 2015, it is expected to stretch over 3 years (a billion a year until 2018).
On 13 November the Prime Minister of Ukraine Arseniy Yatsenyuk said that Kyiv will impose a moratorium on the repayment of the debt to Moscow, if she would renounce restructuring.
Russia has redeemed Eurobonds for $ 3 billion in 2013. The Ukrainian government has repeatedly demanded to restructure the loan in a joint environment (similar to how the loans were refinanced before the club of private creditors - the latter agreed to write off 20 percent of the joint debt and to extend the deadline). Russia insisted on the full payment.
Russian News
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