MOSCOW, Feb. 16 – Ukraine after the approval of the Extended Fund Facility Arrangement of the International Monetary Fund will be able to start negotiations with holders of sovereign bonds, although now it is unclear whether it is the restructuring of the Ukrainian debt or the payment in installments that will be discussed.

"We are asking all our creditors to work with us on these consultations. And during the consultations we will be able to see how much of the restructuring we will be accomplishing," Ukrainian Finance Minister Natalie Jaresko said in an interview with Bloomberg agency.