Russia willing to settle Ukraine's $3 billion debt out of court

Russia is willing to settle the question of $3 billion in Ukrainian debt out of court, Russian Finance Minister Anton Siluanov said Monday.

Russia still expects Ukraine to repay debt.

Russia still hopes that Ukraine repays the debt of $3 bln, but after Kiev’s statements, Moscow is ready to use all international legal instruments, Presidential spokesman Dmitry Peskov said on Friday, commenting on Russia’s petition to the London’s High Court for expedited hearing of the Ukrainian debt issue.

Rusia denuncia a Kiev ante el Tribunal Supremo de Londres por la deuda de 3.000 millones

Rusia ha presentado este jueves ante el Tribunal Supremo de Reino Unido una denuncia  por el impago de su deuda de 3.000 millones de dólares, señalaron fuentes del Ministerio de Economía ruso, informa Vzglyad.

Ukraine introduces indefinite moratorium on payments of foreign debts

Ukraine has lifted temporary restrictions from its moratorium on the payment of its foreign public debts, including a $3 billion debt to Russia. According to an explanatory note to the relevant draft law, 242 deputies of the Verkhovna Rada (Ukraine’s parliament) voted for the bill. For the approval of the bill 226 votes would be enough.

Griesa lifts injunctions: 'Argentina needs time to raise money to pay creditors'

U.S. District Judge Thomas Griesa in Manhattan wrote that circumstances have changed so significantly after years in which Argentina refused to negotiate with creditors that his earlier orders have become detrimental to the public interest. He said Argentina also needs time to raise money to pay the creditors, especially since one of the largest deals calls for payment in six weeks.

Ukraine Says 'Fully Ready' For Court Battle With Russia

Kyiv says it is "fully ready to decisively defend its interests" against a lawsuit brought by Russia.

Russia sues Ukraine over 3 billion USD debt

Moscow has filed a lawsuit against Ukraine at London's High Court over Kiev's 3-billion-U.S.-dollar debt, Russian Finance Minister Anton Siluanov said Wednesday.

Argentina in 'breakthrough' offer to end debt battle . 25 percent "haircut"

Argentina has offered $6.5bn to settle a battle with creditors suing the country over defaulted bonds, seeking to end a long-running row that has hampered the country's access to international capital.

Russia announces lawsuit against Ukraine over default on $3-bn debt

Russia's finance ministry said Friday it was suing Ukraine for defaulting on a $3-billion debt to Moscow, following an order by President Vladimir Putin.

Kiev Recognized Default on $3Bln Debt to Moscow, Court Action Imminent

With the announcement of the moratorium on repayment of a $3 billion debt to Russia, the Ukrainian side has practically recognized its default on repayment of a sovereign debt, according to Kremlin spokesman Dmitry Peskov.

Russia may declare Ukraine’s default if Kiev fails to pay off debt — (minister)

Russia may declare Kiev’s default if Ukraine fails to pay in full on $3 billion bond, Ukraine’s Finance Minister Natalie Jaresko has said.

IMF review of rules for Ukraine’s benefit may set serious precedent for international law

The International Monetary Fund (IMF) will set a serious precedent in case it carries on its lending program for Ukraine despite Kiev’s refusal to repay $3 bln to Moscow, Ukraine’s former minister of economy and financial expert Victor Suslov told TASS on Thursday, adding that this kind of decision would have been purely political and would have demonstrated revamping of the whole system of international law.

IMF Mulls Reforms to Allow Lending to States in Default

The International Monetary Fund (IMF) seeks to reform its lending policies in order to allow countries to borrow money even if they default on their obligations to bilateral creditors, IMF Communications Director Gerry Rice said in a briefing on Thursday.

Rusia insta a Ucrania a pagar sus deudas o declararse en bancarrota

Rusia ha exigido a Ucrania a devolverle la deuda de 3.000 millones de dólares o entrar en suspensión de pagos.

Ukraine ready to sue Russia over refusal to restructure debt — (Ukrainian PM)

Ukraine is ready to sue the Russian Federation over its refusal to restructure Kiev's debt in the amount of $3 bln, Ukrainian Prime Minister Arseniy Yatsenyuk said Thursday.

Russia, Ukraine Fail to Agree on Debt Restructuring

  Russian Finance Minister Anton Siluanov and his Ukrainian counterpart Natalie Jaresko have failed to agree on the restructuring of Ukraine’s debt to Russia, which amounts to $3 billion.

Eurozone downplays Greece vote dangers

The eurozone's top finance officials Saturday downplayed the risk of surprises after the September 20 Greece election, setting their sights instead on fraught bailout talks ahead, including restructuring Greek debt.

Poroshenko invites Russia to join creditor’s decision on debt restructuring

Ukraine’s President Petro Poroshenko has invited Russia to join the decision of the ad hoc Creditors’ committee on debt restructuring since it will have no privileges in this sphere.

German parliament approves third bailout program to Greece

The German parliament approved the third bailout program to Greece on Wednesday, voting an overwhelming "Yes" to offer Greece a fresh aid to keep it afloat in the eurozone despite a huge revolt from Chancellor Angela Merkel's party.

UN sets principles for debt restructuring framework

The United Nations' Ad Hoc Committee on sovereign debt restructuring processes has adopted a series of principles for the creation of an international framework governing debt restructuring, which will now be sent to the General Assembly.