“I think it will have a neutral [impact on the rating – TASS]. There are more important factors”, he said.
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Part of Russia’s argument for full repayment was that, as a sovereign creditor and IMF member, it had the authority to halt the fund’s lending to Ukraine.
“In my opinion we made an unexpected offer to our partners”, he said.
In a surprise announcement at the G20 summit in Turkey on Monday, Russian President Vladimir Putin said his country was willing to restructure the $3-billion (2.8-billion-euro) debt owed to Moscow by Ukraine. “But I am determined to continue to work with my Russian counterparts, because of the importance that I think we each can bring to this issue, in terms of our insights, our info, our data and sharing”.
Mr. Putin said that Russian Federation had offered Ukraine “better conditions then demanded by the International Monetary Fund”.
Russian Federation asked that the United States or “one of the reputable worldwide financial institutions” guarantee the loan, the RBC news agency reported Tuesday. “Putin is demonstrating a step towards compromise, but nobody got to the bottom of the technicalities”, he said. Russia has denied any direct position within the battle that has pitted Ukrainian authorities forces in opposition to Russian-backed separatists. It was proposed to transfer $3 bln in 2016.
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Putin’s offer is “the latest sign that Russia’s standoff with the USA and Europe may be relenting in the wake of last week’s terrorist attacks in Paris”, Bloomberg adds.
