01:48 GMT +316 October 2019
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    Vladimir Putin

    Putin Orders Government to File Lawsuit if Ukraine Fails to Pay $3Bln Debt

    © Sputnik / Alexei Druzhinin
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    Vladimir Putin has ordered the government to file lawsuit if Ukraine fails to pay $3Bln debt.

    The Russian President also reminded that Russia was ready to support Ukraine, share the risks with US, Europe and IMF. 

    "It has been four years  - more than enough to mitigate those risks somehow. I don't understand this. If so — I give my permission to sue them [Ukraine]", Putin ordered.

    Moscow made an offer to restructure Kiev's $3-billion debt based on US, EU or other major global financial institution guarantees, despite the fact that Ukraine has failed to address the Russian authorities directly on the matter.

    Ukraine's debt totals $70 billion, some $40 billion of which the country owes to international money lenders.

    In November, Russian President Vladimir Putin said Moscow was ready to allow Ukraine to miss the end of year deadline, provided it paid back $1 billion annually between 2016 and 2018.

    Related:

    Blatant Lie to Claim Ukraine's Debt to Russia Not Sovereign - Medvedev
    Russia Has No New Proposals on Restructuring of Ukraine's $3-Bln Debt
    Ukraine Risks Default if It Fails to Pay Debt to Russia - Kremlin
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