Ukraine 'confident' of success in Russian debt lawsuit


  • World
  • Monday, 04 Jan 2016

Ukraine's Finance Minister Natalia Yaresko speaks during a news conference in Kiev, Ukraine, December 30, 2015. REUTERS/Valentyn Ogirenko

KIEV (Reuters) - The Ukrainian Finance Ministry said on Monday it was confident of its chances in court following a decision by Russia to file a lawsuit against Ukraine in connection with a $3 billion Eurobond.

Kiev and the Kremlin have been at loggerheads for months over the bond, which Ukraine included in the external debt it earmarked for restructuring. Russia has repeatedly declined to participate in the process, while Ukraine insisted it could not repay the bond in full.

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