Russian finance official says Ukraine may default on Eurobond tranche


  • World
  • Wednesday, 26 Feb 2014

MOSCOW (Reuters) - There is a small risk that Ukraine may default on $3 billion in Eurobonds that Russia recently acquired, Russia's Deputy Finance Minister Sergei Storchak said on Tuesday.

"We probably have risks, but not so big ones," he said. "It's possible to begin with the fact that the debtor has a difficult financial situation, that it can't return the money to us in two years."

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