Russia says it is preparing to take Ukraine to court over an outstanding $3 billion loan Moscow issued to the government of former President Viktor Yanukovich in the weeks leading up to his abdication in the face of tenacious street protests in early 2014. Reuters:
Russia has offered to restructure the debt in equal installments over the next three years if the West provides guarantees. But Ukraine has included it among the sovereign and sovereign-guaranteed bonds to be restructured in a deal with a group of its largest creditors.
“This week we received an official refusal from the U.S. government to provide …read more
Source: The American Interest
