: :inin Kyiv (EET)

Ukraine vows to pay Russia despite default threat


Kiev (AFP) – Cash-strapped Ukraine promised on Friday to make the next payment on a disputed Russian loan it had threatened to stop servicing due to Moscow’s rejection of more lenient terms.The decision should help ease some of the tensions building between the two neighbours throughout Ukraine’s 14-month separatist revolt that Kiev accuses Moscow of staging — a charge Russia denies.But the Western-backed Kiev leadership also warned its various lenders that it may stop making interest payments should they fail to accept painful debt restructuring terms within a matter of weeks.”Two days ago, we paid $39 million (34 million euros) …read more

Source: Business Insider

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