Ukraine threatens to default: Kiev owes billions of dollars to Russia and other countries

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2017-01-27 14:15:04

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Ukraine threatens to default: Kiev owes billions of dollars to Russia and other countries

Moscow, January 27. The Ukrainian government will soon declare a default due to overdue debt to Russia. This opinion was expressed on Friday, the Professor of the foreign policy of Russia, Ranepa Alexander Mikhailenko.

According to him, the country will likely default if the Supreme court in London will support Moscow in a dispute with Kiev.

"as for the money, it is a very big problem. From domestic sources to Finance the debt will not work.

Most likely, it will be paid from borrowed funds. If the question thus will not be solved, Ukraine will declare a default," he explained .

in addition, as reported by Ukrainian media, in 2019, Ukraine risks not to pay 18 billion dollars of foreign loans. As reported , earlier the President of Ukraine Petro Poroshenko expressed hope that the Supreme court in London will be on the side of Kiev in the case of non-payment of Russian debt in the amount of $ 3 billion.

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