: :inin Kyiv (EET)

Russia vows ‘tough’ action if Ukraine defaults on debt


Russia said on Saturday that it will adopt a “tough stance” if Ukraine defaults on its debt, which includes a $3 billion loan from Moscow.

According to reports, Russia’s Prime Minister Dmitry Medvedev said Ukraine’s failure to repay its debt or a decision to freeze payments could prompt Russia to oppose new IMF loans to the country.
Medvedev added that recent steps by Kiev toward freezing debt payments are “looking like the denial by Bolsheviks to pay the debt of the tsarist government,” AFP reported.
“If indeed it will be done this way, that is undoubtedly a default by Ukraine,” Medvedev …read more

Source: Iran English Radio

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