Ukraine PM says won't repay Russian debt if no restructuring deal - paper
Ukraine will not pay off its debt to Russia if Moscow does not agree to join in a restructuring deal involving other creditors, Ukrainian Prime Minister Arseny Yatseniuk told German business daily Handelsblatt.
"We cannot treat Russia differently from other international creditors,” Yatseniuk told the paper, adding if Russia does not agree to the terms offered by Kiev, "then we will impose a debt moratorium and not service the credit.”
Ukraine has agreed a debt exchange with creditors to plug a $15 billion funding gap under an International Monetary Fund-led $40 billion bailout program.
But Russia, which holds a $3 billion Eurobond included in the 14 sovereign and sovereign-guaranteed bonds earmarked for restructuring, has repeatedly said it will not participate in the process.
http://www.reuters.com/article/2015/10/25/us-ukraine-crisis-debt-idUSKCN0SJ0T920151025