Goldman Sachs analysts: Ukraine will default in July
According to analysts of the organization Goldman Sachs, Ukraine will default in July, informs.
Country faced with a crisis of solvency and liquidity, most likely, will not have the opportunity in the coming months to implement the coupon payment on the bonds and eventually defaults on public debt, according to experts.
"Ukraine will not be able to make the coupon payment on 24 July and, as a result, from this point on will be in default," writes one analyst organization Andrew Meteni, adding that, from the perspective of Goldman Sachs, creditors will not accept the last sentence of Kiev's debt restructuring.
before the Minister of Finance of Ukraine Natalia Yaresko reported, because the proposal would aluminates in a trilateral format with the creditors and representatives of the international monetary Fund (IMF) meeting in the U.S. capital. The meeting will be held from 29th to July 3rd.
Total debt of Ukraine is about 70 billion dollars, of which the government planned to restructure $ 22 billion dollars provided by private creditors. While Kiev was calculated according to the results of restructuring to reduce costs fifteen. 3 billion dollars, however, the creditors did not want to go on rules of Ukraine, which in addition to lower interest payments insisted on writing off part of the loan.
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