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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Burkina Faso says it is investigating northern killings
As tourists move in, Italians are squeezed out on holiday island of Capri
Supercars linked to 1MDB seized in Germany
Russia says it destroyed 17 drones launched by Ukraine
Fragile pope back on the road with day trip to Venice
Haiti transitional government to vote for president on Tuesday
17th "Chinese Bridge" language competition held in Bulgaria
Portugal's government rejects paying reparations for colonial, slavery legacy
Iraq criminalises same-sex relationships with maximum 15 years in prison
Zelenskiy says Russia targeted gas facilities that secure EU supply

Others Also Read