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Nation    

IMF awaits $3 billion debt restructuring talks between Moscow and Kiev
Journal Staff Report

KIEV, Nov. 19 – The International Monetary Fund expects that Russian and Ukrainian authorities will begin direct talks on restructuring of Ukraine's eurobonds worth $3 billion due in late December 2015.

"In the recent meeting between Russian President Vladimir Putin and Managing Director Christine Lagarde, the Russian authorities outlined a proposal for how to relieve the debt and financing situation of Ukraine in the context of the fund supported program. As we have said, we expect the Russian and Ukrainian authorities to conduct direct discussions on this matter," the press service of the IMF told Interfax-Ukraine.




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