Thursday, July 9, 2015

Russia will not forgive a debt of Ukraines for three billion dollars

Russia will not forgive a debt of Ukraines for three billion dollars

July 9, 2015, 19:15

Russia considers the possibility that Ukraine can not return the invested money in its Eurobonds. However, as noted by the Finance Minister Anton Siluanov, this does not mean that the debt will be forgotten. This statement was made head of the Ministry of Finance on the sidelines of the BRICS summit, RIA Novosti reported.

The Eurobonds Ukraine, Russia has invested three billion dollars. Write off losses on no one is going. If necessary, Russia will seek payment through the courts. The Minister of Finance in particular, said: "This is, in fact, our investment projects ... And for that amount we could have something to finance or invest. Of course, we will lose our economy, if it would happen (if Ukraine does not pay off the bonds). "

Russia in late 2013 decided to invest in the Ukrainian Eurobonds to 15 billion dollars, and was soon bought out the first tranche of $ 3 billion with a maturity of two years. The rest of the $ 12 billion allocated were not motivated refusal Russian illegitimate change of power in Ukraine."Redemption" Russian "Eurobonds for $ 3 billion is scheduled for December 20, 2015. Before that Ukraine will need to redeem the bonds at $ 500 million on September 23.

Photo: Beskudnikoff / Twitter

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