The EU has offered Russia to write off 20% of the debt of Ukraine – RBC

The head of the EU Delegation in Moscow, Vygaudas Usackas expressed hope that Russia will write off 20% of the debt of Ukraine, as it has done the EU and the United States.

«We hope that Russia show goodwill and support of our common neighbor “- said Usackas, the radio station” Vesti-FM ».

He said that” you have to pay the debts “, but” being good friends’ debts should be written off. “And I think that it would be a manifestation of good will on the part of Russia to follow the same path as the EU and the US”, – said Usackas (quoted by “Interfax»).

Russian President Vladimir Putin charged on Wednesday, Finance Minister Anton Siluanov prepare for trial with Ukraine over non-payment of debt of $ 3 billion. The day before he Siluanov said that Russia is preparing documents to appeal to the court.

Commenting on the statement of the President of Russia, Ukrainian Prime Yatsenyuk declared his readiness for trial. “I emphasize again that Russia does not receive other terms of restructuring than other creditors have received, – he said. – If Russia sues Ukraine – we are ready to sue Russia, we are fully armed ».

Putin, referring to Siluanova, reiterated that Russia offered to Kiev to pay the debt by installments. He made the proposal during the G20 summit in Turkey. Its essence lies in the fact that Ukraine could postpone payment of December this year at the years 2016-2018, and return a billion annually. The President himself has admitted that he considered the proposal “a surprise.” Before that Russia insisted on the payment of $ 3 billion in full and on time – the end of 2015.

The debt to the world: which countries defaulted Ukraine to Gallery May 19 the government of Ukraine has received permission from the Parliament on the possible introduction of a moratorium on payments of foreign debts amounting to about $ 20 billion. Ukraine is in intense negotiations with a group of private holders of Eurobonds to restructure the debt and thus decided to put pressure on lenders to make them more compliant. Russia is not involved in the negotiations, but also can suffer: it holds bonds of $ 3 billion, issued even if Viktor Yanukovych. “Essentially it’s a default,” – stated today, Russian Finance Minister Anton Siluanov. June 20 Ukraine has to pay Russia a coupon for $ 75 million, and the payment may fall under the moratorium.
 
 Russian President Vladimir Putin was surprised by the decision of Ukraine about a possible moratorium on payments. “Strange for a statement. Announcing actually defaulted on the upcoming [...] the level of responsibility, professionalism, of course, seems to be low, “- Putin said on Wednesday. But Ukraine is not the first country that resorts to such a “strange” tactics (see. Photo gallery RBC). The logic of unilateral declarations of suspension of payments is simple – to force lenders to more profitable for the debtor country the conditions of the debt service, because otherwise they risk not getting any money.
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Ukraine did not accept Putin’s offer on the installment plan. On Wednesday, Prime Minister Dmitry Medvedev in an interview with Russian television channels described the Ukrainian authorities “rogues” because of the refusal to return the debt.

In 2013, Russia bought Ukraine’s sovereign bonds issued $ 3 billion. The maturity securities mature in December 2015. Kiev, who had previously agreed to a debt restructuring with other creditors, pointed out that will not work with Russia on some special conditions Barrier-. “Basic conditions – reducing the debt by 20%, transferring all debts to four years”, – said the prime minister Arseniy Yatsenyuk, stating that in the event of his country will introduce a moratorium on the payment of debt “aggressor state».

8 December it became known that the IMF has decided to review its policy towards countries with outstanding sovereign debt. This decision will allow it to continue to lend to Ukraine, even in the event of default on Russian bonds. The Kremlin has called the decision a “dangerous precedent”, while the head of the Ministry of Finance Anton Siluanov said that Russia is preparing documents to appeal to the Court of Ukrainian debt.