Putin orders government to sue Ukraine if defaults on $3 bln debt


SUBMITTED BY: mbza11

DATE: Dec. 9, 2015, 6:58 p.m.

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  1. President Vladimir Putin on Wednesday ordered his government to sue Ukraine if the ex-Soviet republic defaults on its $3 billion (about 2.7 billion euros) debt to Russia. "Go ahead, take it to court," Putin told Finance Minister Anton Siluanov at a government meeting while discussing the loan given to former Kremlin-backed president Viktor Yanukovych in 2013, which must be repaid this month. The dispute has been hampering the International Monetary Fund's $17.5-billion rescue plan for Ukraine, which restricted Kiev's ability to restructure billions of dollars in debt, including some held by Moscow.

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