Hurricane death toll rises to 14 in Moscow, Moscow RegionWorld May 30, 9:52
One serviceman killed after An-26 plane makes hard landing in western RussiaWorld May 30, 9:15
Hurricane in central Russia damages over 180 roofs, nearly 2,000 carsWorld May 30, 8:59
Traces of Barents Sea plankton, bacteria from Madagascar found on ISS surfaceScience & Space May 30, 7:39
North Korean media boast successful ballistic missile launchWorld May 30, 7:03
At least 10 killed as militants shell Syria’s Deir ez-Zor — SANAWorld May 30, 5:49
Over 30,000 people in three Russian regions remain without electricity after stormWorld May 30, 5:28
Putin visits Russian cultural center in ParisSociety & Culture May 30, 3:37
Search engine Yandex denies transfer of Ukrainians' personal data to Russian intelligenceWorld May 30, 0:11
KIEV, May 27. /TASS/. Ukraine hopes to launch direct negotiations with international creditors in the nearest days, Finance Minister Natalie Jaresko said on Wednesday.
"Hopefully one of these days the government will directly contact creditors," she said.
Kiev does not plan to reach agreements with western creditors on remission of part of its debt by June when the International Monetary Fund is to provide another tranche worth $2.5 bln. "I hope we will do it as soon as possible," Jaresko said.
Ukraine’s parliament last week approved a law granting the government the right to impose moratorium on foreign debts payments, including the $3 bln debt received from Russia in 2013.
According to Ukraine’s Prime Minister Arseniy Yatseniuk, the country has to repay a total of $30 bln worth of foreign debts in the next 4 years, and $17 bln worth of internal debts.
The IMF approved a $17.5 billion loan facility for Ukraine in March as part of the international aid package estimated at about $41 billion and intended for four years. Ukraine received the IMF’s first loan tranche of $5 billion in March and needs to restructure $15.3 billion in sovereign debt to private investors to qualify for the second installment.
Russia does not plan to participate in the Ukrainian debt restructuring program and expects Ukraine to repay its liabilities in December 2015.
Russia made a decision in late 2013 to invest up to $15 billion in Ukraine’s sovereign Eurobonds. Soon afterwards, Russia bought Ukraine’s first Eurobond tranche worth $3 billion with a two-year maturity and a coupon rate of 5% per annum and coupon payments every six months. Russia subsequently decided against investing the other $12 billion in Ukraine’s bonds.