MOSCOW – Moscow may ask for early payment on its three billion dollar (S$4 billion) loan to Ukraine, Russian Finance Minister Anton Siluanov said Saturday, accusing Kiev of violating loan conditions.”Ukraine has violated the conditions of this loan, specifically that Ukraine’s public debt does not surpass 60 percent of its GDP,” the minister told Russian news agencies.”Russia has all the grounds for demanding an early repayment of this loan,” he said, while adding that “the decision has not been taken yet.” He said Kiev has not kept up with its obligations for the loan, which must be repaid by December.”It …read more
Source: AsiaOne
