Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Moscow May Demand $16 BN in Debt from Kiev
24.03.2014 09:34
Moscow May Demand $16 BN in Debt from Kiev
Photo Credit:

Moscow has threatened Ukraine with claims of $16 billion worth of debt after Kiev hinted at nationalizing some of Russia’s assets abroad.

      According to the Russian prime minister, Ukraine has to pay off about $2 billion for natural gas supplies, $3 billion it raised in the Eurobond issue from Russia, and some $11 billion in the form of lost profits that derive from a bilateral agreement the parties signed back in 2010.

      The statement was made at the session of the national Security Council after Russia formally incorporated Crimea into its territory.

      Earlier, Russia-IC reported that Russia might be kicked out of the G8.

      The West has imposed sanctions on Russian officials and businessmen with close ties to the Kremlin, as well as Bank Rossiya after Moscow absorbed Ukraine’s breakaway region of Crimea into Russia.

      Western leaders have indicated they are considering a possible exclusion of Russia from the G8 forum.

      The upcoming summit in The Hague is likely to decide whether Russia will remain or forced to leave the format. Another option could be temporary suspension.

      Earlier, some Western leaders and Japan have announced plans to freeze military cooperation with Russia.

      The future of the G8 summit that was supposed to be held in Sochi later this year is uncertain.

      Nine Russian soldiers taking part in joint military exercises were expelled from Canada.

      Earlier, Prime Minister Stephen Harper announced that all planned bilateral activities between the Canadian Armed Forces and the Russian military of the Russian Federation were suspended, including exercises such as NORAD's Exercise Vigilant Eagle.


Author: Mikhail Vesely

Tags: Crimea Ukraine crisis    

Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

Russia's foreign debt  Russian Cinema  Euromaidan  Russian businessmen  Russian tourism  Samara Region  Exhibitions in Moscow  Moscow  St. Petersburg  Russian language  Russian scientists  Alexander Pushkin  Gryazi  Russian opera singers  ENEA  Russian economy  Zoo  Transdniester  Tver  privatization  Russian fans  Mariinsky theatre  Local Ceramics Fest  Mercedes-Benz Fashion Week Russia  Photo Exhibitions  Russian entertainment  Vassili Millioti  anniversary  Alexander Aleksandrov  Resources  Russian science  Monuments in Yekaterinburg  Russian oil and gas industry   long-distance trains   Vladimir  Russian fashion  Russian Composers  Russian tourist destinations  Eggs  Russian exhibitions  obituary  Nozokuznetsk  Russian religion  active holidays in Russia  Surgutneftegas  Russian military equipment  Tourist infrastructure  Kingisepp  Filyovsky Park  Russian business 

Travel Blogs
Top Traveling Sites