: :inin Kyiv (EET)

Russia sues Ukraine over default on US$3 billion debt


Russia’s finance ministry said today it was suing Ukraine for defaulting on a US$3-billion debt to Moscow, following an order by President Vladimir Putin.

Kiev is “in a state of default” regarding its obligations toward Moscow and legal proceedings would ensue, the ministry said.

“Russia’s finance ministry has initiated procedures required… …read more

Source: The Malaysian Insider

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