Wednesday, July 27, 2016

The Finance Ministry of Ukraine called “political” issued by the Russian loan of 3 billion – RBC

Ukraine should Russia not to return $ 3 billion, which were obtained during the reign of Viktor Yanukovych, as the loan was “political”. This opinion was expressed on the air Espreso.TV Finance Minister Oleksandr Danyluk

«It was a political credit which we were forced to take”, -. Danyluk emphasized

«Our position is. that we should not return the money “- he added

in December 2013, Russian President Vladimir Putin announced that the Russian government will invest $ 15 billion in government bonds of Ukraine.. Shortly before that Yanukovych has suspended preparations for the conclusion of an Association Agreement with the European Union. Ukraine has released a two-year Eurobonds for $ 3 billion at 5% per annum, which bought the National Welfare Fund (NWF), after which the power in Kiev changed.

The new Ukrainian government has insisted on the recognition of the debt to commercial, while Russia required to acknowledge the debt the state and not subject to restructuring. At the end of December 2015 the Board of Directors of the International Monetary Fund (IMF) has recognized the official status of the Russian loan Ukraine. After that, the Ukrainian Cabinet of Ministers approved a moratorium on debt payments.

In February 2016 Moscow appealed to the High Court in London to demand that Kiev pay off the debt by $ 3 billion. The Ukrainian Foreign Ministry called Russian loan “bribe” Yanukovych . At the end of May 2016 Ukraine has submitted to the English court their objections.

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