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Russia accused Ukraine in court in England over debt

Россия обвинила Украину в суде в Англии из-за задолженности
Russia continues to dispute with Ukraine over the repayment of $ 3 billion in debt in court. Russia intends to demand the return of the neighboring country's debt in court in London, said Russian Finance Minister Anton Siluanov. Ukraine has been repeatedly called for "constructive dialogue" on debt restructuring, but without success. Ukraine "is not ready to negotiate," said Siluanov. Russia has announced its intention to take this right-wing move several times.

Ukraine agreed last August with major creditors to cut its debt to close the financial gap while continuing to receive tranches from the International Monetary Fund (IMF). Russia borrowed $ 3 billion in 2013 by investing in Eurobonds that mature on December 20, 2015. Russian President Vladimir Putin announced late last year that they would accept an annual repayment of the billion dollars over three years, as long as the West provides guarantees, but Ukraine has rejected.

In the Ukrainian parliament, a power struggle is currently raging, in a dispute between President Poroshenko and Prime Minister Yatsenyuk, in addition, we are talking about obtaining new IMF loans.


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