Arseniy Yatsenyuk issues moratorium on outstanding debt,saying Russia has not accepted repayment terms offered to other international creditorsArseniy Yatsenyuk, the Ukrainian prime minister, and has said his country will not repay a $3bn (£2bn) debt owed to Russia by this weekend after Moscow refused to accept repayment terms already offered to other international creditors. The moratorium on outstanding debt repayments to Russia effectively means that Ukraine is defaulting on the $3bn debt due on Sunday. Continue reading...
Source: theguardian.com