Rosneft privatization deal is completed — KremlinBusiness & Economy December 07, 21:06
Contact Group focuses on demining, creation of new security zones in Donbass — OSCE envoyWorld December 07, 20:57
Russian Defense Ministry reports 70% of eastern Aleppo under control of Syrian armyWorld December 07, 20:21
Moscow slams Polish FM's remarks on NATO-Russia Council meeting — sourceRussian Politics & Diplomacy December 07, 20:12
IOC extends doping-related sanctions against RussiaSport December 07, 19:35
Russian oil companies back Energy Ministry proposal on limiting oil production — ministerBusiness & Economy December 07, 18:42
Syrian troops take full control over 47 quarters of eastern Aleppo — ministryWorld December 07, 18:36
Sberbank head expects oil and gas prices to continue to fallBusiness & Economy December 07, 18:26
Russian sappers start clearing eastern Aleppo from minesMilitary & Defense December 07, 18:17
BRUSSELS, September 7. /TASS/. Russia will turn to a court of law if Ukraine fails to repay its $3 billion Eurobond on time, Economic Development Minister Alexey Ulyukayev said on Monday.
"We insist [on the repayment on schedule,]" the minister said. "This is a sovereign obligation," he added.
When asked about whether Russia would apply to a court of law, if Ukraine refused to pay on time, Ulyukayev said: "Yes, surely. There can be no other scenario."
The Russian economy minister said he had not discussed the debt issue at a meeting with his Ukrainian counterpart on Monday.
Russia made a decision in late 2013 to invest up to $15 billion in Ukraine’s sovereign Eurobonds. Soon afterwards, Russia bought Ukraine’s first Eurobond tranche worth $3 billion with a two-year maturity and a coupon rate of 5% per annum and coupon payments every six months.
Russia subsequently decided against investing the other $12 billion in Ukraine’s bonds after a change of power in the ex-Soviet republic.