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Ukraine’s debt to Russia makes $16 billion - Russian PM

March 21, 2014, 14:18 UTC+3 MOSCOW
Prime Minister belives Russia will not lose money
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© EPA/DMITRY ASTAKHOV

MOSCOW, March 21. /ITAR-TASS/. Ukraine’s debt to Russia makes 16 billion dollars, Russian Prime Minister Dmitry Medvedev reported to President Vladimir Putin at a meeting of the Russian Security Council on Friday.

“Ukraine has a quite bulky debt to Russia, both state and corporative ones,” Medvedev noted. “I believe that we cannot lose this money as our budget also has some difficulties,” he said, proposing to consider these issues.

“It includes three billion dollars in loan which we have recently granted to them, according to our agreements and as purchase of Eurobond loan. The country’s amassed debt to (Russian gas giant - Itar-Tass eds) Gazprom is around two billion dollars,” the Russian prime minister stated. “So, aggregate financial liabilities of the country grow to a quite big sum,” he noted.

“Eleven and five? (billion dollars)” the President Vladimir Putin asked.

“Yes, it is. 16 billion dollars,” the prime minister confirmed.

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