Medvedev Says Russia to Sue Ukraine Over $3 Billion Bond
- Russia should seek debt repayment and penalties, premier says
- Ukraine in default, doesn't intend to pay debt, Medvedev says
This article is for subscribers only.
Russian Prime Minister Dmitry Medvedev ordered the government to prepare a lawsuit to sue Ukraine for non-payment of a $3 billion debt.
Ukraine has defaulted and isn’t planning to repay the bond, judging by official statements in Kiev, Medvedev said Monday at a government meeting outside Moscow. Russia expects full repayment, “including, obviously, the penalties that will have accumulated by then by the Ukrainian side,” which is engaged in “manipulation and violation of its international obligations,” he said.