Representatives of Moscow and Kiev can hold in Germany a meeting on the question of the Ukrainian debt
Representatives of the ministries of Finance of Russia and Ukraine can meet the three billionth question of the Ukrainian debt in Germany. About it as transfers TASS, said Russian Finance Minister Anton Siluanov told reporters.
“We hope to reschedule for a later date, I hope it will take place on the territory of the mediator, in this case Germany. Perhaps Germany will meet”, – said Siluanov.
The Minister did not give specific dates when it will happen such a meeting. Earlier to hold talks on the issue expected in the United States.
In December 2013, Russian President Vladimir Putin and President of Ukraine Viktor Yanukovych agreed that Moscow will give Kiev a loan of $ 15 billion through the placement of Ukrainian securities. In the framework of the programme on 20 December 2013 on the Irish stock exchange bonds have been placed at $ 3 billion, then bought by Russia at the expense of the national welfare Fund.
After the overthrow of Yanukovych, the transfer of funds from Russia were frozen, and the new Ukrainian authorities announced the refusal to return Yanukovych’s debt”, which is due by December 2015.
The current President of Ukraine Petro Poroshenko in the summer of 2015, said the Russian credit “bribe” that the former President has received for refusing to sign the Association Agreement with the EU in November 2013.
The Minister of Finance of Ukraine Alexander danyluk recently confirmed this position, stating that in 2013, Russia forced the Ukrainian authorities to take “political responsibility”, and further events in the Donbas and in the Crimea give Kiev the right to ignore its obligations.
Later Kiev included bonds, purchased by Russia in the list of securities the holders of which are private lenders and for which the decision on restructuring write-off 20% of the debt. However, the Russian authorities, Recalling the recognition by the IMF of sovereign debt, has decided to achieve from the Kiev special conditions on fulfillment of debt obligations.
In addition, the previous government of Ukraine, headed by Arseniy Yatsenyuk on 18 December 2015, has imposed a temporary moratorium on the payment of Russian debt to 3 billion In April this year the Verkhovna Rada of Ukraine has cancelled the end date of this moratorium.
The same position of the Ukrainian side intends to adhere to the court in London, where Moscow has filed a lawsuit in the beginning of the year. The lawsuit was filed by the company The Law Debenture Trust Corporation PLC (she acted as a Trustee on the issue of Ukrainian Eurobonds in 2013) after the parties were unable to agree on restructuring.