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Kiev aware of few chances to win in debt lawsuit case — envoy

That is a good reason for Kiev to delay the court hearing, Russia's envoy in the EU believes

MOSCOW, March 29. /TASS/. Kiev understands that it has few chances to win a lawsuit in London’s High Court on the Russian loan, Russia’s Permanent Representative in the European Union Vladimir Chizhov said in an interview with Rossiya-24 TV Channel on Wednesday.

"I believe that Ukraine’s nervousness [over the judgment by the High Court of London to hear the case of Ukraine’s $3 billion debt to Russia in an expedited procedure] suggests that they, perhaps, understand that there are not so many chances to win the lawsuit," Chizhov said.

"They are interested in every possible way to delay the case," the envoy said, adding "they suppose the ruling, we hope, will be in Russia’s favor."

"Recently, Ukraine has faced serious financial troubles, after the IMF decision to delay a next tranche of $1 bln," the diplomat went on to say. "Following suit, the EU, which links its aid to Ukraine with the IMF position, took a similar decision. In other words, it operates in tandem [with the IMF]."