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London’s high court rapidly will consider the fate of “debt of Yanukovych”

Высокий суд Лондона ускоренно рассмотрит судьбу «долга Януковича»Ukraine has the right to appeal.

London’s high court today approved the accelerated consideration of the claim of Russia to Ukraine of Eurobonds for $3 billion this is stated in the court decision.

The judge rejected all the arguments of the Ukrainian side, including those removed from Russia’s accusations of political pressure on Ukraine.

Kiev intends to challenge the decision of the High court of London. The court gave permission to appeal.

Recall that in December 2013 Vladimir Putin and former Ukrainian President Viktor Yanukovych has agreed on a loan of 15 billion dollars. Under this program, bonds for that amount were placed on the Irish stock exchange and bought by Russia.

Current Ukrainian officials say the debt – commercial, and therefore should be restructured under the deal, concluded with other creditors. Russia insists that the duty of the state and requires a repayment in time, threatening default.

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