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German Media Slam Ukraine Over 'Ridiculous Legal War' Against Russia

© AFP 2023 / POOL / ALEXANDER ZEMLIANICHENKOUkraine's President-elect Petro Poroshenko (L) walks past Russia's President Vladimir Putin (R) during an international D-Day commemoration ceremony on the beach of Ouistreham, Normandy, on June 6, 2014
Ukraine's President-elect Petro Poroshenko (L) walks past Russia's President Vladimir Putin (R) during an international D-Day commemoration ceremony on the beach of Ouistreham, Normandy, on June 6, 2014 - Sputnik International
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Ukraine recently announced that it is ready to start "legal war" against Russia if the latter does not agree for restructuring of Ukraine’s debt. The debt amounts to about three billion dollars and Russia - one of the largest creditors of Ukraine - insists on its full repayment.

For months, Ukraine has been negotiating writing off a part of its debt with several creditors, with more than 75% of them voting in favor of the deal, Prime Minister Arseniy Yatsenyuk said on Thursday in Kiev.

Russian Finance Minister Anton Siluanov - Sputnik International
Russia, Ukraine Fail to Agree on Debt Restructuring
However, Russia – the main lender of Ukraine – has not agreed to participate in the debt-relief and is awaiting full debt repayment by the end of the year.

President Vladimir Putin had recently said that the IMF could lend Ukraine the three billion dollars so that the country would be able to repay the money to Russia. However, Ukrainian Prime Minister Arseniy Yatsenyuk said that Russia won’t be given any special conditions. He also warned that if the Russian government does not accept this fact, Ukraine will be ready to start a "legal war against Russia".

“Have you heard that before? The debtor gives the creditor a deadline, within which the creditor must approve a partial debt relief, or otherwise it will be sued!?!” German website finanzmarktwelt.de wrote.

“This is not about whether one belongs to a ‘pro-Ukrainian’ or a ‘pro-Russian’ camp. This is about the fundamental relationship between a debtor and its creditor. As a debtor, I would act politely, objectively and, if I would like to get a haircut, then [I would do it] in a pleading form; but pushing, demanding, making deadlines? I have rarely experienced something like that!” the author added.

The article stressed that Yatsenyuk should come down to earth, because Russia would not give up its claims. If Vladimir Putin would make concessions, his authority would be damaged. That’s why it is highly unlikely that Russia would change its position, the article said.

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