Diplomat says UN may act as mediator at Astana talks between Damascus and oppositionRussian Politics & Diplomacy January 17, 21:31
Expert believes Brexit to bring UK closer to USWorld January 17, 20:29
Italian Foreign Ministry: It is necessary to assess conditions for returning to G8 formatWorld January 17, 20:04
Russia hopes ECHR will cancel its ruling on Dima Yakovlev Law — diplomatRussian Politics & Diplomacy January 17, 19:35
Preserving Moldova's neutrality impossible without partnership with Russia — presidentWorld January 17, 19:10
OPEC to monitor oil production, export — Saudi Arabian Energy MinisterBusiness & Economy January 17, 18:57
Group of Sukhoi-24M bombers to return from Syria soon — Defense MinistryMilitary & Defense January 17, 18:50
Russian reconciliation center reports over 1,130 Syrian settlements join ceasefireWorld January 17, 18:47
Over 5,000 Syrians get medical aid from Russian doctorsWorld January 17, 18:37
MOSCOW, May 20. /TASS/. Ukraine is virtually defaulting on its debt, Russian Finance Minister Anton Siluanov said Wednesday.
"It is a virtual default. We do not yet have grounds [to lodge claims to Ukraine - TASS], in June we should receive payment [from Ukraine - TASS] of $75 mln. If there is no payment, we will use the right to appeal to court," the minister said.
When answering the question whether Russia will apply to international court in case Ukraine refuses to repay its debt Siluanov said: "Absolutely - pursuant to our conditions of prospectus for bond issue that we invested in the funds of the National Wealth Fund."
Russia expects Ukraine to fully pay back its debt of $3 bln by December 2015.
On Tuesday, Ukraine’s parliament approved the law granting the government the right to impose moratorium on foreign debts payments, including the $3 bln debt received from Russia in 2013. The document was upheld by 256 MPs. Prime Minister Arseniy Yatsenyuk said Ukraine was to pay $30 bln of foreign debt and $17 bln of domestic debt within 4 years. He added that the moratorium concerns only private creditors, holding the debt of Ukraine. He also called on the country's Western partners to grant it real financial assistance.
Kiev regards its $3 bln Eurobonds held by Russia as a private loan, which is thus subject to the moratorium. Moscow insists the loan cannot be considered private and should be paid back in due time - in December 2015.