Russian Loans Frozen Until Ukraine Elections Pass
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.
- » Pope Francis, Russian Patriach Call for Christian Unity in Historic Meeting
- » Protests of Greek Farmers Close Ilinden Checkpoint on Bulgarian-Greek Border
- » IOM: Migrant Arrivals in Greece by Sea Drop in February Due to Bad Weather
- » Greek Farmers’ Blockade Closes Bulgaria’s Kulata Border Crossing Friday
- » EU Gives Greece 3 Months to Improve Control of Migrant Influx
- » Tensions in Athens Escalate as Farmers, Police Clash