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Russia: Matviyenko lambasts Kiev for "illegal" debt moratorium
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20.05.2015
The Chairman of the Federation Council of the Russia Federation Valentina Matviyenko stated from Moscow on Wednesday that the decision taken by Verkhovna Rada to allow the government to declare a moratorium on paying foreign commercial debts is absolutely illegal and contradicts all international rules. Matviyenko stated that the authorities of Ukraine have undermined trust in the country and also harmed its authority in the world. Matviyenko went on to stress that the only way to solve all the economical and political problems are negotiations and agreements on the conditions of the payment. Despite the fact that Russia refused to demand the return of the debt in amount of $3 billion (€2.7 billion), she stated that Kiev will have to pay the full amount of money for the credit on the schedule agreed in previous negotiations.
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