No deal imminent on paying back Kremlin

12:20, 20 November 2015
Politics
68 0

Ukraine's current government refuses to pay off a $3 billion debt to Russia due in December, according to Ukraine Today.

Although Russia said at the recent G20 meeting in Antaliya that it is willing to make concessions on reconstructing Ukraine's debt during the G20 summit, no concrete actions have been taken, Ukraine Today reports.

Russian Finance Minister Anton Siluanov said the new offer will allow Ukraine to pay one billion U.S. dollars a year from 2016 to 2018, given the precondition that the deal is vouched for by the U.S., E.U., or a large bank.

See unian.info’s video section for more of the latest news from Ukraine in video from Ukraine Today, Ukraine’s 24-hour English-language news channel.

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