Home » Posts tagged with "Cabinet of Ministers of Ukraine"
Ukraine Officially Declares Default
Ukrainian Prime Minister Arseny Yatsenyuk declared a moratorium on the payment of three-billion-dollar debt to Russia.
The Cabinet of Ministers of Ukraine supported his decision. In addition, the official Kiev is not going to pay the debt of $507 million to Russian banks (the debt was amassed by two Ukrainian companies that collaborated with Russian banks).
“From today, all payments shall be...