13:51 04.07.2015

Ukraine's economic stability under threat after Rada's decision to restructure currency-pegged credits – Poroshenko

2 min read
Ukraine's economic stability under threat after Rada's decision to restructure currency-pegged credits – Poroshenko

President of Ukraine Petro Poroshenko has strongly criticized the Verkhovna Rada for passing a law on restructuring currency-pegged credits.

"What disappointed me a lot and raised great concern regarding the future of the coalition and the future of the parliament – voting yesterday on restructuring of currency-pegged credits. Unfortunately, among those who voted, I saw politicians-populists who wishing to face the sympathy of some parts of society, put under threat the financial and banking system of the country and the stability of economics [and they are] giving promises that can't be fulfilled," the president said in an interview with Ukraine TV on Friday evening.

According to him, it is not fair at the expense of all taxpayers to meet the needs of 65,000 people who are unwilling or unable to serve foreign currency loans they took.

"But what I'm happy about? An absolutely responsible position of the society. Yesterday, after this vote politicians expected to receive applause from the society, thought they would be praised and met with flowers, while actually they received a very cold shower of hatred towards such an old type of politicians," Poroshenko said.

He added that he is proud of such a society, which became more responsible.

"It is very regrettable that politicians are not worthy of their constituents and their society," he said.

At the same time, he praised the appointment of a new SBU head by the parliament this week, the enactment of the law on national police and the reform of the prosecutor's office.

"On July 4 we will present the first really working project with respect to patrol police in Kyiv," the head of state said.

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