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In recent months, Ukraine's financial landscape has seen significant movements in terms of debt restructuring. President Volodymyr Zelenskyy signed Law No. 11396 setting a moratorium on foreign debt repayments. Concurrently, the G7 countries and the Paris Club have postponed Ukraine's national debt payments to 2027, reflecting global acknowledgment of Ukraine's economic challenges and the geopolitical situation.

Despite an English court ruling mandating Ukraine to repay the $3 billion "Yanukovych debt" to Russia, the Ukrainian government remains resolute, pushing forward with negotiations and refusing unilateral terms set by Russia. These developments underline a complex interplay of legal, economic, and diplomatic efforts by Ukraine to stabilize its economy amidst ongoing challenges.

Additionally, Ukraine reported a substantial decrease in gross foreign debt, a testament to their rigorous economic management. However, the shadow of the $3 billion debt looms, with ongoing legal disputes and negotiation attempts underscored by intermittent cooperation and confrontations with Russian authorities.

This scenario showcases Ukraine’s relentless pursuit to balance immediate financial obligations with long-term economic health, striving for favorable terms in restructuring deals that align with national interests and international support.
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News restructuring

Зеленський Zelenskyy signs law on moratorium on foreign debt repayment President Volodymyr Zelenskyy has signed Law No. 11396, which allows the government to suspend foreign debt payments until October 1. 13 0

долар,долари G7 countries agree to postpone Ukraine’s national debt payment until 2027 - Ministry of Finance Today, on December 21, Minister of Finance of Ukraine Serhii Marchenko signed amendments to the Memorandum of Understanding on the suspension of payments on official debt with a group of official creditors of Ukraine from the G7 countries and the Paris Club. 5 869 25 Economics

English court's ruling on $3 bln "Yanukovych debt" will not affect IMF cooperation program with Ukraine, - Financial Ministry Ukraine's Finance Ministry says the ruling of London's High Court to oblige Ukraine to repay the $3 billion debt to Russia will not affect the cooperation program with the IMF. 16 122 89 Ukrainian Politics

Russia needs more time to respond to Ukraine's objections to Yanukovych's loan The Law Debenture Trust Corporation Plc, which represents the interests of the Russian Federation in the case of Ukraine's default on $3 billion Eurobond to Russia, asked for extra time to prepare and submit a response to the objections of Ukraine. 5 877 46 Ukrainian Politics

Ukraine’s foreign debt decreased by $23.5 billion over year, - PM Yatseniuk Ukraine managed to reduce its gross external debt by $23.5 billion or 16 percent over the year. 14 752 86 Ukrainian Politics

россия украина флаг Russia filed lawsuit against Ukraine over "Yanukovych's loan," - Russia's Finance Minister Siluanov Russia's Finance Ministry has filed a lawsuit against Ukraine to London's High Court of Justice over the non-payment of a $3 billion loan. 19 373 221 Ukrainian Politics

Germany asks Ukraine for compromise on Russian loan, - Bloomberg Germany is asking Ukraine to propose a new offer to resolve a dispute with Russia over a $3 billion bond default after President Vladimir Putin’s government rejected a proposal put forward last month. 10 846 99 Previously in trend: Ukraine's agreement with creditors

Russia ready to full-fledged talks with Ukraine on "Yanukovych's debt", Russian finance minister says Russia's Finance Ministry confirms its readiness to full-fledged and good-faith negotiations with Ukraine and expects to recover tribunal expenses associated with filing of the claim in the International Court of Justice. 27 200 257 Ukrainian Politics

“Russian delegation was unable to meet with us in Davos, but I'm optimistic," - Jaresko on restructuring of ‘Yanukovych’ debt Ukraine expects to reach agreement with Russia on restructuring of Putin’s loan to Yanukovych in the amount of $3 bn and is willing to change the conditions compared to the last year’s Eurobond exchange scheme, if the saving will not be less as a result. 6 592 68 Previously in trend: Ukraine's agreement with creditors

Ukraine ready to negotiate with Russia about restructuring "Yanukovych's loan," - Ministry of Finance The Ministry of Finance has taken into account the decision of the Russian Federation to initiate a lawsuit against Ukraine and reiterates its readiness to negotiate the restructuring of $3 billion Eurobond. 13 723 132 Economics

аваков "No money for you, bastards," - Interior Minister Avakov on Russia's announcement of Ukraine's default Interior Minister of Ukraine Arsen Avakov commented on Russian authorities' statements regarding Ukraine's default caused by non-payment of the $3,075 billion accepted by fugitive president Viktor Yanukovych from the Kremlin. 155 858 495 Ukrainian Politics

"We are fully prepared to court action with Russia," - PM Yatseniuk The moratorium on the payment of "Yanukovych debt" will be in force as long as the Russian Federation does not accept the conditions, under which the majority of debt holders have restructured debts owed by Ukraine. 6 499 52 Ukrainian Politics

яценюк Yatseniuk introduced bill on Ukraine's refusal to pay Putin's grants to Yanukovych The Cabinet proposes the Verkhovna Rada to abolish the deadline for the suspension of payments on Ukraine's external obligations. 38 394 273 Ukrainian Politics

Russia refused to discuss debt restructuring with Ukraine, - Government Commissioner Lisovenko Russia did not put forward any counter offer on restructuring a $3-billion Eurobond after the rejection of Ukraine's proposal in the framework of debt operations. 12 574 76 Economics

мвф imf IMF expects direct Ukraine-Russia talks on restructuring of Putin’s loan to Yanukovych The International Monetary Fund expects that the issue of Ukraine's debt to Russia will be resolved through direct negotiations. 6 475 98 Previously in trend: Ukraine's agreement with creditors

Russia ready to restructure Ukraine's loan with guarantees, - Russian Finance Minister Siluanov Russia has agreed to restructure Ukraine's loan issued to the Yanukovych regime back in 2013, if guaranteed by a large bank. 19 579 180 Economics

Ukraine's creditors unlikely to approve Russia's restructuring offer, - Reuters Moscow's proposal voiced Nov. 16 is unlikely to please Ukraine's private creditors who agreed to cut country's debt burden under a restructuring called for by the International Monetary Fund. 57 870 216 Economics

путин putin Russia agrees to restructure Ukraine’s debt, - Putin Russia has agreed to restructure the debt of Ukraine and discuss the details of this offer in the near future. 204 254 1 373 Economics

Moscow made offer to Ukraine regarding settlement of $3 bln debt, - Russian Finance Minister Siluanov Russia hopes to reach a compromise with Ukraine over Kyiv's debt and has made an offer which it sees as a basis for settling the issue. 63 505 316 Previously in trend: Ukraine's agreement with creditors

яценюк Ukraine may introduce moratorium on paying $3 bln debt to Russia, - Yatseniuk Ukraine may introduce a moratorium on the payment of a $3 bln debt to Russia, if the Russian authorities do not agree to a restructuring. 19 342 221 Ukrainian Politics

US Treasury Secretary hopes Russia reconsiders its position on Ukraine's debt, - BBC U.S. Treasury Secretary Jacob Lew said he hoped Russia would reconsider its position on the debt restructure, giving Ukraine a chance to become able to repay its obligations from growing economy. 16 002 185 Previously in trend: Ukraine's agreement with creditors

яресько Final step towards Ukraine's debt restructuring made, - Minister Jaresko The government has approved the issue terms for new bonds which will be given to our sovereign creditors in exchange for the previous ones. 46 825 219 Economics

Russia said to explore strategies aimed at blocking IMF loans to Ukraine, - Bloomberg Moscow has not decided yet whether to use them against Kyiv, but the possibility exists. 19 122 122 Economics

IMF urges Ukraine and Russia to talk on debt restructurization The International Monetary Fund on Thursday urged Russia and Ukraine to discuss restructuring a $3 billion debt. 13 410 125 Economics

IMF to alter lending policies to keep Ukraine bailout on track, - The Wall Street Journal Ukraine’s Western allies are preparing to accelerate planned changes to the International Monetary Fund’s lending policies to prevent Russia from stymieing a $25 billion rescue package for the war-torn nation. 18 792 205 Economics

яценюк Kyiv will not pay its Russian debt without restucturization, - PM Yatseniuk Kyiv will not pay its state debt to Moscow if Russia does not agree to restructuring. 78 429 774 Economics

Russia wants to ruin Ukraine and hold a veto over efforts to rescue it, - Financial Times The West should resist Russia’s blackmail over Ukraine’s debt. 71 870 367 Previously in trend: Russian aggression against Ukraine

Fitch says recovery in Ukraine elusive despite debt restructuring Ukrainian bank ratings are likely to remain at current weak levels for the foreseeable future despite signs of some improvement in the operating environment now that agreement to restructure USD18bn of sovereign external debt has been reached. 7 800 103 Economics

яценюк $3 bln write-down and $8.5 bln restructuring of Ukraine's debt approved, - Yatseniuk The eurobonds restructuring terms offered by the Ukrainian government have been supported by 75 percent of creditors. 37 086 212 Previously in trend: Ukraine's agreement with creditors

Fitch downgrades Kyiv to 'Restricted Default' Fitch has downgraded the City of Kyiv's Long-term local currency Issuer Default Rating (IDR). 12 389 102 Economics

Minister Jaresko: IMF to continue support Ukraine even with Russia's loan unpaid Ukraine's Minister of Finance Natalie Jaresko is confident about IMF's further financial support despite Ukraine's refusal to settle its debt before Russia. 21 029 182 Economics

Ukraine and Russia Finance Ministers to meet in Peru for debt talks, - Bloomberg Ukraine's Finance Minister Natalie Jaresko and her Russian counterpart Anton Siluanov intend to hold a meeting in Peru within G-20 summit this week. 9 071 55 Previously in trend: Ukraine's agreement with creditors

In case of trial, Russia to seek Ukraine's full repayment of loan, - Russian Finance Minister Siluanov Russia intends to insist on Ukraine's full repayment of $3 bln loan, should the case be taken to court. 42 073 613 Ukrainian Politics

мвф imf IMF chief calls on creditors to join Ukraine debt deal IMF chief Christine Lagarde on Tuesday pressed Ukraine's hold-out creditors such as Russia and a handful of Western investment houses to write off some of the crisis-wrecked country's massive debt. 7 579 58 Previously in trend: Ukraine's agreement with creditors

янукович Ukraine must return Yanukovych's loan in full and on time, - Russian government Russia expects Ukraine to pay back its $3-billion debt (the so-called Yanukovych's loan) in full and on time. 64 794 487 Economics

вр рада депутаты вышиванки Verkhovna Rada approved Ukraine's external debt restructuring Verkhovna Rada MPs supported draft amendments to the state budget of Ukraine on restructuring country's external debt owed to private creditors. 22 200 155 Economics

яценюк Russia has not agreed to debt restructuring, but it will get no other conditions, - PM Yatseniuk The agreement of private creditors for debt restructuring has been approved by the global community, except for Russia. 40 890 263 Economics

Ukraine's creditors call restructuring deal unfair, ask for renegotiation, - Bloomberg Owners of Ukrainian bonds due in 2015 have requested renegotiation of the restructuring deal of the Ukrainian debt. 48 521 122 Economics

Russia to sue Ukraine, reluctant to discuss debt restructurization Russia does not intend to start negotiations with Ukraine on restructurization of its $3 billion loan, insisting on full settlement in due time. 38 052 325 Economics

яценюк Yatseniuk about debt recovery: Russia should address criminals who it granted political asylum Prime Minister of Ukraine Arsenii Yatseniuk advised Russia's leadership to recover $3 billion owed by Ukraine from its former high-rank officials. 84 128 718 Economics

European Commission welcomes Ukraine's debt writing off, Juncker says President of the European Commission Jean-Claude Juncker has welcomed the agreements reached by Ukraine and the committee of international creditors on public debt restructuring. 10 703 82 Ukrainian Politics

яресько $3.8 billion of Ukraine's $19,3-billion state debt to be written off, - Finance Minister Jaresko. DOCUMENT Finance Minister of Ukraine Natalie Jaresko announced that Ukraine has agreed on writing off $3.8 billion of its $19.3-billion state debt. 65 085 372 Economics

бюджет минфин дефицит Negotiations between Ukraine and its debtholders still underway, - Ukraine’s Finance Ministry The negotiations between Ukraine and its creditors to restructure public debt are underway in San Francisco. 12 008 66 Ukrainian Politics

No deal in Ukraine debt negotiations, talks to resume Thursday, - Reuters Ukraine and a group of its largest creditors on Wednesday failed to reach a deal to restructure the country's $19 billion of debt but will resume negotiations on Thursday. 24 962 180 Ukrainian Politics

Finance Minister Jаresko to discuss state debt, - Ministry of Finance The Minister of Finance of Ukraine Natalie Jaresko departed to San Francisco today for talks with a special committee of creditors. Should they fail to reach an agreement, Ukraine will have to use alternative mechanisms at the beginning of the next week. 7 548 116 Ukrainian Politics

Ukraine and creditors to agree on 22.5% debt writedown, - Bloomberg According to a survey conducted by the agency, the probability that Ukraine will freeze debt payments is less than 50%. 24 369 195 Economics

Ukraine calls Thursday creditor talks, the week being ‘decisive’ Ukraine called a meeting with its creditors for Thursday and said this week will be crucial in reaching a $19 billion restructuring deal as time runs short for executing any agreement. 86 0 Economics

Ukraine to agree on 40% debt remission by late September Ukraine will not fail in its plans, aimed, inter alia, at agreeing on writing off 40% of its debt with creditors. 19 367 158 Ukrainian Politics

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