Депутат Європейського парламенту (ЄП), заступник голови делегації ЄП у Комітеті парламентської асоціації ЄС-Україна Віола
Ukraine MinFin schedules final debt talks for Aug. 12 in California
Ukraine’s Ministry of Finance has agreed to meet with the ad hoc creditors committee on Aug. 12 in San Francisco, according to its Aug. 7 press release. The headquarters of Ukraine’s biggest creditor, Franklin Templeton, is located there.
This meeting is “the final opportunity to reach a full agreement” on the debt operation, the ministry stated. “Failure to reach an agreement at the sovereign level next week would force Ukraine to implement alternative options for financing its IMF-supported program," the ministry said in the press release, reiterating its Aug. 6 threat.
Alexander Paraschiy: The Aug. 7 statement is some relief compared to the prior day's release, in which MinFin set Aug. 11 as the ultimate deadline and threatened "alternative options” if no deal was reached “early” in the week. In any case, the creditors committee will decide by Wednesday whether to agree on some significant haircut on Ukraine’s debt, or to reject it and face a risk to trigger the introduction of a debt repayment moratorium by Ukraine. Our outlook today is that the creditors and the government will find common ground on Wednesday, with a haircut of 10-15%. An alternative scenario is a debt moratorium, which would have unclear implications for both parties.
Источник: Конкорд Капитал
- NBU reduces expectation for IMF loans this year Конкорд Капитал 26 січня 2018 года
- Ukraine central bank hikes policy rate 1.5pp, worsens CPI outlook Конкорд Капитал 26 січня 2018 года
- IMF, IFIs ready to further cooperate with Ukraine, Lagarde says Конкорд Капитал 25 січня 2018 года
- Ukraine central bank transfers USD 1 bln under World Bank management Конкорд Капитал 23 січня 2018 года
- NBU to take further steps towards currency market liberalization Конкорд Капитал 22 січня 2018 года