RF may demand early repayment of debt from the Ukraine. It is possible
Edited by Rhod Mackenzie / 2014-03-12 07:23:07
Russia can legally influence the fact how much money the new authority of the Ukraine will borrow from the International Monetary Fund and other creditors from the West.
According to lawyers, there is one sentence in the memorandum on the Euro issue, which Russia bought from the government of V.Yanukovich in December 2013.
It is said in the prospectus of 2-years Eurobonds at $3 billion that while the securities circulate, the Ukraine is obliged to support the total volume of the state debt and the government-guaranteed debt at the level not higher than 60% of the annual nominal GDP.
