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Russia will not declare default on Ukraine’s debts

February 25, 2014, 19:37 UTC+3 MOSCOW
1 pages in this article

MOSCOW, February 25. /ITAR-TASS/. Russia will not declare a default on Ukraine’s debts, Russian Deputy Finance Minister Sergei Storchak told the Russia 24 news channel.

“We shall see who is going to declare this default,” he said. “Naturally, we are not going to do that, it is very important for the debtor. We hope that in its credit relations with the Russian Federation, the borrower will always bear in mind that it must do its best to maintain a high level of its credit history."

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