Technical default of Ukraine will undermine the country's ability to attract private investment programme of the European Union, as well as among them in the line of the European Bank for restoration and development and the European investment Bank, said a source in the EU institutions.
"Inconsistent with creditors refusal to perform the obligations of the loan is in technical default and, in the case of Ukraine, threatens to seriously undermine the ability of Kiev to attract private investment programme of the EU," he said, reports the news Agency.
"This applies both to investment programmes, the EBRD and the EIB, and preparing for the adoption of the program of support of small and average business in the conditions of free trade. By themselves, these programs will continue to exist, however, to convince private investors, which is the basic rate, safe investment of their money in the default economy will become extremely difficult, for this reason accumulation of investments will be undermined", he said. Before Tuesday, the Verkhovna Rada of Ukraine adopted the law that will give the ability to suspend payments on restructured debt. In addition, the Verkhovna Rada registered a draft law of the Cabinet of Ministers of Ukraine, giving him the right to suspend payments on foreign debt obligations, trapped in the perimeter of the planned restructuring

sections: Politics