KEYWORDS TODAY:   IRAQISRUSSIADAVUTOGLUUKRAINE

Russian Loans Frozen Until Ukraine Elections Pass

World | March 15, 2014, Saturday // 11:49| Views: 1079 | Comments: 0
  • Send to Kindle
Bulgaria: Russian Loans Frozen Until Ukraine Elections Pass The Presidents of Ukraine and Russia sign a USD 15 B loan package in December. Photo by EPA/BGNES

Russia will wait for the results of Ukraine’s Presidential elections in May before making further payments from the USD 15 B loan package.

The first USD 3 B of the deal, agreed between ousted President Viktor Yanukovych and Vladimir Putin was transferred to Kiev in December.

“As for the remaining USD 12 B, we will discuss it with the Ukrainian government when we see a legitimate partner, at least after the elections”, Russian Economic Development Minister Alexei Ulyukayev said, quoted by RIA Novosti.

Meanwhile, the interim Ukrainian leadership has been negotiating bailout packages with the European Union, International Monetary Fund, and the United States.

World » Be a reporter: Write and send your article
Tags: Ukraine, Russia, Kiev, Alexei Ulyukayev, United States, European Union, International Monetary Fund, Viktor Yanukovych, Vladimir Putin
Expats.bg All Are Welcome! Join Now!

Leave a comment


Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria