Russia says will take Kyiv to court if it defaults on debt
MOSCOW May 20 Russian Finance Minister Anton
Siluanov said on Wednesday Russia would seek redress in the
international courts if Ukraine does not respect the terms of
its foreign debt repayments.
Asked about the prospect of Ukraine halting repayments to
international creditors, Siluanov told reporters: “In effect,
that is a default by Ukraine.”
But he added: “For the time being we don’t have any grounds
(to say that.) If a payment is missed, we will exercise our
right to go to court.”
He said Ukraine was due to make a $75 million Eurobond
repayment to Russia in June this year.
(Reporting by Darya Korsunskaya; Writing by Christian Lowe;
Editing by Gareth Jones)