Maria Kniazeva. The donors conference designed to provide financial support to Ukraine, can pass in the first quarter of next year, told reporters the European Commissioner for European neighbourhood policy and the negotiations on the extension Johannes Hahn.

" I have a dream, it must pass in the first quarter of next year, " he said.

last week the Prime Minister of Ukraine Arseniy Yatsenyuk said that the country must convene an international donor conference to prevent default.

Ukraine is currently hosted in severe political crisis, which affects its economy and the public sector, in fact the country is on the verge of default. The government predicts a decrease of the country's GDP by 5% in 2014, in November Yatsenyuk did not exclude the falling rate of 7%. A similar level of decline is predicted and the national Bank of Ukraine. The European Bank for restoration and development assumes that GDP will decline by 7%, Fitch - 5%. The authorities want to improve the situation of foreign borrowing.

sections: Politics