The head of Ukraine Petro Poroshenko has signed the law on ratification of the Memorandum with the European Union, which provides for the granting of Kyiv loan in 1 8 billion euros.
"the head of Ukraine signed the law on ratification of the Memorandum of seizure of Ukraine macro-financial assistance of the European Union in the amount of up to 1 billion 800 million euros," ? reported in the report on the Internet office of the Ukrainian President.
The relevant law, the Ukrainian Parliament adopted on 18 June 2015. On 25 June to the President of Ukraine Petro Poroshenko has sent a draft law on ratification of the Memorandum with the EU. Recall, Ukraine in fact is on the verge of default. From the report of the international monetary Fund, "global financial stability", it follows that the second banks of Ukraine for the risk of loan defaults after Nigeria. The head of the National Bank of Ukraine Valeria Gontareva has recognized that the economy of her country had reached the bottom. Total debt of Ukraine is determined currently approximately $ 50 billion, in 2014 it amounted to 71% of GDP, and in 2015, according to forecasts of the national Bank of Ukraine, will reach 93% of GDP. One Of the largest creditors of Kiev ? Russia, and it has repeatedly stated about the fact that he didn't want to make concessions on repayment of loans. In March the Minister of Finance of Ukraine Natalie Jaresko said that the West is obliged to provide Ukraine with additional financial assistance except for a package of 40 billion dollars, because the country is bankrupt will cost more.

sections: Politics