Ukraine Debt Owed to Russia: Ukraine PM Yatsenyuk: “We Will Not Pay the Aggressor State our $3 Billion Debt”

Ukraine Debt Owed to Russia: Prime Minister Yatsenyuk: “We Will Not Pay the Aggressor State our $3 Billion Debt”

By Fort Russ
Global Research, November 20, 2015

Kiev will not pay Russia the $3 billion debt owed to it, unless other conditions of the restructuring are applied. This was stated by Arseniy Yatsenyuk.

“I said to other lenders there are other conditions to be met or you will not receive the debt. The basic condition is reducing debt by 20%, the transfer of all debts of four years. If you do not like this, then you will receive the decision of the government of Ukraine via a moratorium on paying Russia the $3 billion. It is very easy to explain to our neighbours and the aggressor state: we will not pay $3 billion “,— quotes “RIA Novosti” citing the Prime Minister of Ukraine

The Minister of Finance of Ukraine Natalia Jaresko allowed for the possibility of default of Ukraine in case of non-payment of this debt. “If we don’t make the payment — Yes. But I think that it is too early to think about what we will do, what they will do… It will be speculation and with ours and their party, we are prepared for all possible”, — said earlier the head of the Ukrainian Ministry of Finance. She also said the reason why Kiev refuses to pay its obligations: Expenditures of Ukraine is limited to the program of the International monetary Fund, adding that the IMF is ready to help Kiev to pay the debt Moscow.

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