Ukraine will appeal accelerated hearing about “the debt Yanukovych”
Ukraine appeals expedited review of the case in the High court of London on Eurobond debt of Ukraine to Russia for $ 3 billion, more commonly known as “duty of Yanukovych“.
This was stated by Finance Minister Alexander danyluk, reports UNIAN.
“Just received the decision of the London court of justice on the so-called Russian debt, which does not recognize the validity of the positions and arguments of Ukraine”, – said the Minister.
He added that the court endorsed the submission by Ukraine of appeal on the court’s decision.
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Russia has offered to “forgive” the debt Yanukovych for the light in the Crimea, – Dzhemilev
“Today’s decision is the first step. Ukraine received the judge’s permission to appeal. At the request of Ukrainian lawyers, the court also “froze” today’s decision until the next meeting of the court, which will be held in late April. The next stages of the process Ukraine will continue to defend its position and to protect the public interest,” said danyluk.
He also noted that the court froze any action to recover the debt before the appeal.
We will remind, today it became known that London’s High court will consider on an expedited basis, the case against the debt of Ukraine to Russia, known as the “debt Yanukovych” relatively broomley debt by 3 billion dollars.
Russia demanded an expedited review and asks to ignore in the Crimea. Instead, the Ukrainian side submitted a written explanation of the necessity for a full trial.
According to representatives of Ukraine in this context, the agreement of the parties regarding the bonds may be cancelled.
The government of Mykola Azarov has received a loan in the framework of agreements between Russian President Vladimir Putin and then-President Viktor Yanukovych in December 2013. Borrowing was issued through the redemption of Eurobonds of Ukraine at $ 3 billion through the Irish stock exchange. In 2015, the Russian side did not accept the terms of debt restructuring, demanding from Kiev for his return. The Ukrainian government refused to acknowledge the debt to official and insisted on its commercial basis.
in turn, the IMF has recognized the debt to Russia, the official, but said that lending to Ukraine will continue, even if it defaulted.
30, 2015, the Cabinet of Ministers of Ukraine adopted a decision about introduction of the moratorium on payment of debt of the Russian Federation.