Message from the Russian Government following Prime Minister of Ukraine Arseny Yatsenyuk’s demand to write off a part of its debt to Russia.
Russia’s position remains unchanged: Ukraine must in full and on time pay for its liabilities taken on from the resources of the National Welfare Fund in December 2013.
The so-called debt operation, which Russia takes no part in, cannot ease Ukraine’s debt burden.
It is in the debtor’s best interests to pay back the Russian Federation immediately, as a default on these liabilities will turn out much more expensive for Ukraine, which will have to pay both litigation costs and penalty interest for overdue payments.
