Russia says grants Ukraine request to delay Eurobond case defence


  • World
  • Saturday, 23 Apr 2016

Russia's Finance Minister Anton Siluanov attends a session of the Moscow Exchange Forum in Moscow, Russia, April 12, 2016. REUTERS/Maxim Shemetov

KIEV/MOSCOW (Reuters) - Russia has agreed to allow Ukraine extra time to file its defence with a British court over a $3 billion (2 billion pounds) debt to Russia, Moscow and Kiev officials said on Friday.

Russia filed a lawsuit against Ukraine in February at London's High Court demanding repayment of the $3 billion Eurobond, which matured on Dec. 20. Meanwhile Ukraine insists Russia must accept restructuring terms agreed with other foreign creditors.

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