: :inin Kyiv (EET)

Putin is risking a clash with the IMF over Russia’s $3 billion loan to Ukraine


President Vladimir Putin is warning that he could call in Russia’s $3 billion loan to Ukraine at any time, a move that would spark a stand-off with the International Monetary Fund (IMF). Under the terms of the original 2013 deal, negotiated with then President Viktor Yanukoych who fled the country last year following massive anti-government protests, Ukraine had to keep its national debt below 60% of GDP. That condition has now been clearly breached allowing Moscow to recall the loan at any time. On Wednesday Putin explained the reasons why his government is yet to do so: “However, by the …read more

Source: Business Insider

World press about Ukraine

This website is created to observe information about Ukraine in the world media. More information about press.uaposition.com you can read here

World press category: terms & conditions