Ukraine Imposes Moratorium on Repaying $3 bln Russian Bond

Ukraine has imposed a moratorium on the repayment of a $3 billion Eurobond held entirely by Russia, Prime Minister Arseny Yatsenyuk said on Friday, after Moscow refused to accept the terms of a restructuring of the debt. The Eurobond matures on Dec. 20, but Ukraine has a 10-day grace period before it will be considered to be in default. Yatsenyuk said Kiev was willing to fight the issue in court, while the Finance Ministry said it was still committed to negotiating a restructuring...

© La Voix de l'Amérique - vendredi 18 décembre 2015