“It is the duty of Yanukovych” Ukraine is going to file appeal in London

Today, Saturday, June 10, Ukraine is expected to appeal the decision of the court regarding the litigation with Russia regarding the debt of three billion dollars of so-called “debt of Yanukovych“.

This was back in late may, said the Finance Minister Oleksandr danylyuk.

As you know, three billion dollars. the government of former President Viktor Yanukovych lent in his last months in power.

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Ukraine restructurizer “Yanukovych’s debt” for further cooperation with IMF

Recall, may 29, Alexander danyluk, stated: “I have 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 in this case.” But because he announced plans to appeal the decision.

London’s high court had summarily to hear the case in respect of the debt of Ukraine to Russia, known as the “debt Yanukovych” relatively broomley debt by 3 billion dollars.

Russia demanded expedited review and asked 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 on a moratorium on the payment of the debt of the Russian Federation.