Ukrainian president promises to prevent default
Ukrainian President Viktor Yushchenko expressed confidence that the country will avoid a default. Speaking in front of representatives of the European Banking and Financial Forum and business circles of the Czech Republic in Prague, Yushchenko said that Ukraine will not allow any default, either by internal or external obligations, the Vesti quoted.
President of Ukraine said that the mission of the International Monetary Fund (IMF) will soon resume its cooperation with Ukraine.
"Next week, the IMF mission will return to Ukraine, and we will manage this issue in 2-3 weeks, the President added.
Yushchenko also expressed confidence that internal problems, such as balancing the budget and the Pension Fund and Naftogaz of Ukraine, Ukraine will deal. According to the President, it is impossible to give a response regarding the stability of the European business market without Ukraine.
"I am convinced that the crisis will make to look at the prospect of integration (Ukraine) in a different way," he said.
Yushchenko also stressed that Ukraine "has great geopolitical interest to develop relations with Russia, the Interfax reported.