The Ministry of Finance of Ukraine June 10, intends to appeal the decision of the High court of London at the suit of the Russian Federation to Ukraine on Eurobonds for 3 billion USD (the so-called “Yanukovych’s debt”). This was announced by the Minister of Finance of Ukraine Alexander danyluk.
“The appeal comes on 10 June”, – said the Minister to journalists in Kyiv on Thursday, may 18.
Danyluk said that this period correspond to the previously planned, adding that it may be transferred within the same day.
See also: Milestones “debt of Yanukovych”: how Ukraine and Russia argued over three billion dollars
As reported, London’s High court approved expedited consideration of the claim of Russia to the Ukraine on Eurobonds for $ 3 billion. The judge rejected all the arguments of the Ukrainian side, including those removed from Russian allegations of political pressure on Ukraine.
Kiev intends to challenge the decision of the High court of London. The court gave permission to appeal.
Ukraine has received from Russia a loan of 3 billion dollars under President Viktor Yanukovych in December 2013, Russia was planning to give Ukraine $ 15 billion loan, however, before broke the key events of the revolution of dignity, to allocate only managed the first tranche.
Kiev insisted on the recognition of commercial debt with its subsequent restructuring and debt write-downs. In turn, Russia has refused the restructuring on the terms taken by private creditors of Ukraine, and demanded to recognize the government debt.
The IMF has recognized the sovereign nature of the debt, but retained the ability to continue financing of Ukraine, despite the default on this debt. In December 2015, the Ukrainian government imposed a moratorium on debt payments on these Eurobonds.