It is crucial for Ukraine to maintain the reputation of a responsible country that respects and fulfills its commitments, and Ukrainians do not need another crisis caused by unjustified decisions. Prime Minister Volodymyr Groysman said this, commenting on the risks of losing the pace of economic growth and failure to fulfill the country's financial obligations.

"I believe that even talking about that (default) does not add stability", said Volodymyr Groysman. "For three years, I have not allowed any crisis. Our objective is to faithfully service our debts, to ensure a growing trend in the economy."

The Head of Government emphasized that the debt burden, which now exerts great pressure on the budget, were debts of past periods. But the incumbent Government is supposed to service these loans.

"We have to uphold a reputation that we are a responsible country", said Volodymyr Groysman. "While failures mean a global crisis and a return in the 90's of the last century. Ukrainian citizens have endured enough crises. Those are foremost ordinary Ukrainians who will suffer from any defaults ... The core mission today is a strong economy. The strategy that my Government is pursuing - about smart debt management and ensuring sustainable growth - is justified."