Russian Navy plans to modernize five big antisubmarine shipsMilitary & Defense January 19, 8:54
North Korea builds two road-mobile intercontinental ballistic missiles — YonhapWorld January 19, 8:50
US political advisor says Trump and Putin likely to start things off on different footingWorld January 19, 8:14
Russia urges UN SC against using Iran nuclear deal in new formatsRussian Politics & Diplomacy January 19, 5:47
WSJ: Ukraine’s president hopes to meet Trump in FebruaryWorld January 19, 2:27
Diplomat reveals US spy agencies' latest attempt to recruit Russian worker was last weekRussian Politics & Diplomacy January 18, 21:57
Austria’s president-elect says he is ready to maintain good relations with RussiaWorld January 18, 21:50
Putin briefs Merkel, Hollande on steps to implement Syrian ceasefireRussian Politics & Diplomacy January 18, 20:39
Putin, Merkel, Hollande agree to give fresh impetus to Normandy Four activitiesRussian Politics & Diplomacy January 18, 20:26
KIEV, June 4. /TASS/. Ukraine has managed to avoid default and stabilize its macroeconomic situation, President Petro Poroshenko said in his annual address to the parliament, the Verkhovna Rada, on Thursday.
"The massive macroeconomic aid from the International Monetary Fund and other international organizations, the EU states, the US and other countries - all this coupled with challenging and unpopular decisions and efficient actions by all branches of power allowed avoiding default, which seemed inevitable, stabilizing the macroeconomic situation and paying salaries and pensions without delays, slowing down the recession and controlling panic on the forex market," Poroshenko said.
The announcement was made just before telephone consultations between representatives of Ukraine’s Finance Ministry and a special creditors' committee on restructuring of Kiev's external debt planned for June 5. According to the IMF anti-crisis program for Ukraine, Kiev has to restructure $15.3 bln worth of debt to private investors in order to receive further finances. Ukraine plans to restructure payments worth $23 bln. According to the data provided by the country’s Finance Ministry, Kiev has spent $2.4 bln on debt servicing since the start of 2015.