Ukraine creditor group sticks to 'no-haircut' proposal to Kiev in debt talks


  • World
  • Monday, 18 May 2015

Ukraine's Foreign Minister Pavlo Klimkin takes part in a news conference with his Canadian counterpart Rob Nicholson (not pictured) on Parliament Hill in Ottawa April 30, 2015. REUTERS/Chris Wattie

KIEV (Reuters) - Ukraine's ad-hoc creditor committee said on Monday it was pleased Kiev wished to accelerate debt restructuring talks, but repeated objections to any writedown on the principal owed.

"As previously announced, the Committee has provided the Ministry with a detailed proposal that the Committee believes meets the objectives of the Ministry without any principal debt reductions," it said in an emailed statement.

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