Ukraine owed Russia the “aggressor” $4,7 billion
Kyiv, January 28 (PolitNavigator, Alexander Semenyuta) – Ukrainian people’s deputies who voted for recognizing Russia as an aggressor country forgot about an important circumstance. Ukraine's debt to Russia is not much less than its debt to the country's second largest creditor, the IMF.
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At the beginning of 2015, Ukraine’s direct and state-guaranteed debt to the Russian Federation and its controlled banks amounted to $4,7 billion, or 12,2% of the country’s total external debt. This is evidenced by data from the Ministry of Finance of Ukraine.
Kyiv owes $3 billion on Eurobonds due in December 2015 and $605,9 million under the 1997 offset agreement in connection with the presence of the Russian Black Sea Fleet on Ukrainian territory.
The Russian leadership has repeatedly stated that Kiev has violated the terms of the agreement on the issue of Eurobonds, which gives the right to demand early repayment of the securities.
The debt to state-controlled Russian banks at the beginning of 2015 is: $500 million debt to Gazprombank, $474,9 million to Sberbank of Russia and $146,9 million to VTB Capital.
Ukraine's debt to the International Monetary Fund at the beginning of 2015 is $7,6 billion.
Ukraine owes $4,7 billion to Russia, the "aggressor. "