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Moscow Not Planning to Discuss Ukraine's $3-Billion Debt

© Sputnik / Alexandr Demyanchuk / Go to the mediabankUS and Ukrainian notes and coins
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Russia Deputy Foreign Minister Vasily Nebenzya said that Moscow has no intention of discussing Kiev’s outstanding debt of $3 billion regardless of Kiev’s insisting to do so since the loan is considered a government loan and not from a creditor.

Russian Finance Minister Anton Siluanov - Sputnik International
Russia, Ukraine Fail to Agree on Debt Restructuring
YEREVAN (Sputnik) Moscow has no plans of discussing Kiev’s outstanding debt of $3 billion regardless of Kiev’s insisting to do so since the loan is considered a government loan and not from a creditor, Russia Deputy Foreign Minister Vasily Nebenzya said Friday.

“The restructuring of the debt of private creditors is being talked about, but ours is a state loan, so I believe we won’t be taking part in these meetings [on October 29],” Nebenzya said.

Earlier, Ukrainian Prime Minister Arseniy Yatsenyuk said the holders of 13 out of 14 sovereign and guaranteed loan issues of Ukrainian Eurobonds by a state had received support during meetings in London on October 14 for restructuring, with the fourteenth being the Russian Eurobond of $3 billion. Ukraine has called for a new meeting on October 29 to discuss the Russian loan.

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