Poroshenko called an unfair requirement to repay Russia the $3 billion

Poroshenko called an unfair requirement to repay Russia the $3 billion

President of Ukraine Petro Poroshenko, speaking Saturday at a forum in Kharkiv, called unfair the requirement to repay Russia a debt of $3 billion.


The Ukrainian leader expressed confidence that Kiev will not return to Moscow, the money that was transferred in December 2013 and subsequently fled President Viktor Yanukovych.

According to Poroshenko, Yanukovych, “put, and under a camera, these tools cache in their trucks and brought from Ukraine and bought a house” (the words of the President of Ukraine quoted by “Interfax”).

The court of appeal of England 14 Sep ruled on the case of Ukraine’s debt to Russia in $3 billion Kiev demanded to cancel the decision of a lower court that ordered him to return to Moscow, the debt. The current authorities of Ukraine insist that the decision to issue Eurobonds for $3 billion was made under undue pressure from Russia. The court found that this argument was worthy of consideration in the course of a full trial.

Bonds for $3 billion Russia bought from Ukraine in December 2013 when former President Viktor Yanukovych. They had semi-annual coupon period with interest rate of 5% and were due for repayment on 20 December 2015, Ukraine has paid coupon income for the first three semesters, but then stopped payment and has not repaid the face value.