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14 of March, 16:01

The Ministry of Finance of Ukraine: Russia should not wait for a special relationship with debt restructuring
Russia does not need to rely on a special relationship With the restructuring of the Ukrainian debt, In this case, she should be prepared to bear, along with other holders of bonds, the losses associated with this process, said the Minister of Finance of Ukraine Natalia said in an interview to the financial times.
"We demand that will address all requirements of the Russian bonds on the same basis as the requirements for all other bonds of our commercial lenders," said Yaresko, explaining that began on the last working day of the week of the meeting on the issue of debt restructuring. The head of the Ministry of Finance called "Russian" sovereign Eurobonds Ukraine, the holders of which is Russia, reports a news Agency." Jaresko said that to any creditors, including the Russian Federation, will not be a special relationship, emphasizes the print Edition.- Ukraine has warned the bondholders, including the Russian Federation, that they are obliged to prepare financial loss, at the time, As was devastated by war, the country seeks to defend default ". The magazine Also cites the phrase Yaresko about the fact that, from the position of the Ukrainian government, the Restructuring of debt " may be, will involve a combination of renewal, maturity, reducing the yield and reduce the amount of the debt ". Debt restructuring of Ukraine to the holders of its bonds became part of a four-year program of international financial assistance for a total amount of 40 billion dollars, which was agreed by the Ukrainian government with the IMF and EU. The program provides that because of the agreement with creditors Ukraine to reduce its debt burden at fifteen billion dollars." For the contract in question alleviate the debt burden of Ukraine, May require cooperation from Russia, is noted in the publication.- As one of the largest creditors, Russia may block the deal on debt restructuring ". The Minister of Finance of the Russian Federation Anton Siluanov in February confirmed that Ukraine appealed to the Russian Federation with a request for debt restructuring, but showed that Moscow is not ready for this step." Russia is not ready to go on installments and the deferred debt ", - noted he. Yesterday Siluanov said that the Russian Federation will participate in the funding of the first tranche of the IMF programme For Ukraine in volume 13, 751 million dollars. Similarly on Friday, the Ministry of Finance of Ukraine assured the receipt of the first tranche of $ 5 billion under the new credit program international monetary Fund. Just this year Ukraine will be allocated 10 billion dollars.


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