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Saturday 30 August 2014

Russia's Medvedev says Ukraine owes Russia $16bn

Published 21/03/2014 | 09:58

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Dmitry Medvedev has questioned the legitimacy of Ukraine's acting government
Dmitry Medvedev has questioned the legitimacy of Ukraine's acting government

Russian Prime Minister Medvedev said in a meeting with President Vladimir Putin today that in total Ukraine owes Russia $16bn, local news agencies reported.

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Medvedev said that Ukraine owes Russia $11bn because the treaty under which Russia provides Ukraine with cheap gas in return for the Sevastopol naval base was "subject to denunciation".

In addition, he said that Ukraine owes Russia $3bn for a recent loan in the form of Russian purchase of Eurobonds, and that around $2bn is owed to Gazprom, Russia's state-controlled gas concern.

 

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