G20-Russia’s Putin says offers Ukraine better terms to restructure debt
“We proceed from the assumption that the coupon will be paid in December”, he said.
Russia wants to reach a compromise over Ukraine’s debt to Russia and has made an “interesting” offer to settle the issue, Russian Finance Minister Anton Siluanov said on Monday.
Russian Federation is prepared to take $1 billion per year from 2016 through 2018 from Ukraine, and to defer any payment this year, Putin told reporters at a news conference at the G-20 summit in Antalya, Turkey, on Monday.
He pointed out that Kyiv is offering to Moscow the same conditions of the debt restructuring as to other lenders, who have joined Ukraine’s credit relief deal. We were asked to postpone the payments for the next year.
Russia’s Siluanov says Moscow made offer to Ukraine over debt
“The proposal was received with interest”, Putin said. According to Yatsenyuk, Kyiv has proposed that Moscow should consider once again Ukraine’s terms of its debt restructuring and write-down earlier offered to the special creditors’ committee.
He also said that Putin and Merkel “had a rather profound exchange of opinions on the EU-Ukraine Association Agreement”.
Russian Federation had previously demanded a timely repayment of the loan, which it extended to Ukraine’s previous, pro-Moscow president in Kyiv in 2013.