Suslov: Ukraine is waiting for a series of high-profile corporate defaults
The corporate sector of Ukraine expects a series of high-profile defaults, says ex-Minister of economy of Ukraine Viktor Suslov.
Speaking on Wednesday during a video conference Moscow-Kiev, organized by MIA " Russia today ", He said that, according to the national Bank, short-term debt of Ukraine taking into account expenditures for repayment in 2014 is 61 billion dollars." This, if not to achieve restructuring, that the whole country would have to pay this year, " explained Suslov.
" But This is unrealistic, " He says.- Naturally, a large part of the debt however is restructured as long as. But amid the credit ratings of Ukraine all This leads to the fact that there is, without a doubt, a series of very high-profile corporate defaults, when our largest commercial borrowers will not be able to pay with Western creditors.
He said that Kiev cannot refuse to pay the debts to Western creditors, as He did with Russia." We cannot refuse the payment of debts. Despite one " positive " example - repudiation of Russia's gas debt, " I'm afraid that Western banks also do not work ", - said the expert.
He does not agree with the statements made by the Ukrainian authorities about the fact that they have all the possibilities to stabilize the exchange rate. About It, for example, said this week the Prime Minister of Ukraine Arseniy Yatsenyuk.
" This is a powerful factor in the difficulty of refinancing debt, the necessity of their payments, also exerts a strong pressure on the exchange rate. For this reason, to argue that without changing this situation it is possible to stabilize the hryvnia, I only did, " said Suslov.
He criticized the policy of the financial authorities of Ukraine." The national Bank takes decision, But It is partial solutions that do not change and do not have the ability to change the situation, some of which may be still wrong, " - said the expert.
for example, in his vision, the error was the order of the national Bank to pay foreign currency payments in UAH." Or the decision on the restriction of the acquisition currency in 3 thousand UAH facilitated? The development of the black market, " added Suslov.
|
