The European Union will not be able on its own legislation to continue to provide monetary support to Kiev if Ukraine defaults, said in an interview Last news Russia's permanent representative to the EU Vladimir Chizhov.

"Yes, if it is defaulted, they will not be able at law to continue financial support ", - said the head of the Department.

General state dog of Ukraine is about 70 billion dollars, of which about $ 40 billion foreign debt. Ukraine in the framework of the plan of debt repayment has asked creditors to write off 40% of the principal amount of the debt and accept a fresh bond linked to future economic performance. However, the dialogue on restructuring until not successful, Kiev sent to creditors last edited proposal did not exclude, if necessary, the imposition of a moratorium on the payment of foreign debts. Finance Minister Natalie Jaresko have said before, that according to the calculations of a country may declare a default at the end of July.


Zakhar Vinogradov:

sections: Politics