OREANDA-NEWS. 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.