Kremlin warns Ukraine will default unless Kiev repays debt to Russia

Vladimir Putin’s press secretary said Kiev didn’t accept Russia’s restructuring option

MOSCOW, December 8. /TASS/. The Kremlin has warned that Ukraine will default unless it repays its debt to Russia.

“A default situation lies ahead (for Ukraine), just what we were speaking about,” Kremlin spokesman Dmitry Peskov said on Tuesday.

“Russia offered a [debt] restructuring option as [Russian President Vladimir] Putin put forward the initiative in Antalya [at G20 summit],” Peskov said, adding that “unfortunately, our counterparts did not accept the initiative.”

“The Russian Federation has no other proposals thus, under all norms of financial international relations, (Ukraine) nears default as this is a sovereign debt,” spokesman said.

Full article: Kremlin warns Ukraine will default unless Kiev repays debt to Russia (ITAR-TASS)

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