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Ukraine promises to repay $3bn lent by Russia

Ukraine has promised to repay the $3bn loan provided by Russia.

In an interview to Russia 1 TV on Apr 14, Russian Finance Minister Anton Siluanov said that his Ukrainian counterpart had assured him that the debt would be repaid in Dec 2015.

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“If they break their promise, we will appeal to arbitration courts in line with British laws,” Siluanov said.

In Feb 2015, the IMF lent Ukraine $17.5bn and obliged it to reschedule its $15.3bn debt to private investors. Russia is not involved in this program and expects the Ukrainians to repay their debt in Dec 2015.

Permalink: eadaily.com/en/news/2015/04/14/ukraine-promises-to-repay-3bn-lent-by-russia
Published on April 14th, 2015 06:23 PM
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