Friday, August 01, 2014


Russia

Putin Says Russia Will Wait To Fulfill Ukrainian Aid Deals

Russian President Vladimir Putin (left) with Ukrainian President Viktor Yanukovych in Moscow's Grand Kremlin Palace in mid-December
Russian President Vladimir Putin (left) with Ukrainian President Viktor Yanukovych in Moscow's Grand Kremlin Palace in mid-December

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Putin: Russia Will Honor Ukraine Deal

President Vladimir Putin has pledged that Russia will honor its new economic deals with Ukraine -- even if the Ukrainian government changes as a result of the unrest roiling the country.
President Vladimir Putin has ordered the Russian government to wait until a new Ukrainian government is formed before fulfilling Moscow's agreement to provide a $15 billion economic rescue package to Kyiv.

Putin emphasized, however, that Russia still intends to honor its loan pledges and gas-discount deals to Ukraine.

Under its loan pledge, Russia has already invested $3 billion in Ukrainian eurobonds to help ease Ukraine's debt crisis.

On January 28, Putin suggested during a European Union summit in Brussels that Russia would not review the loan agreement even if Ukrainian opposition figures came to power in a new government.

The government of Ukrainian Prime Minister Mykola Azarov resigned later the same day, following weeks of mass protests against a decision to reject EU cooperation agreements and instead pursue strengthened ties with Russia.

Based on reporting by AFP, Reuters, and Interfax

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