At the G20 summit today, Vladimir Putin appeared to make a big concession to Ukraine by announcing that Russia would be willing to restructure Kyiv’s upcoming $3 billion debt repayment on a bond coming due December 20. Putin offered to free Ukraine from all payments this year, and instead have them pay $1 billion in 2016, 2017, and 2018 instead.Ukraine and Russia were set to face off in a London court over the bond, which was bought by Moscow from Kyiv as a reward for former President Viktor Yanukovych’s rejecting the EU Association Agreement in December 2013. The cravenness of …read more
Source: The American Interest
