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Russia to Meet Ukraine for Talks This Week Over $3 Billion Bond

  • Russia has said it seeks full Eurobond payment, on time
  • Ukraine agreed on $18 billion debt overhaul with creditors
Ukraine's Russia Bond Dilemma
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Russia’s finance minister will meet with his Ukrainian counterpart this week to discuss debt as the two countries remain deadlocked over a $3 billion Eurobond due to the government in Moscow.

Talks with Ukrainian Finance Minister Natalie Jaresko, mediated by Germany, will be held at the Group of 20 meeting in Lima, Peru, Anton Siluanov said by phone Monday. Siluanov said discussions will include various issues, including the debt owed to Russia, bought from the regime of former Ukrainian President Viktor Yanukovych and due in December. These are planned talks not negotiations and Ukraine will lay out terms of the debt restructuring, Jaresko said at meeting with investors in London.