“Ukraine plans to adopt a law allowing to suspend payments on foreign debt”

It is noted that the bill will be adopted immediately before the payment in August, the first after the previously imposed moratorium.

By the way, this is not the first time that Ukraine has signed an agreement, borrowed money, and then refused to give it back. Remember, on December 23, 2013, Russian Prime Minister Dmitry Medvedev announced that on December 22, Russia acquired the first package of Ukrainian Eurobonds at 5% per annum in the amount of $3 billion with a maturity date of January 1, 2016.

But in February 2014, a coup took place in Ukraine, and the new Ukrainian authorities announced that they would not recognize this debt. So, in June 2015, President of Ukraine Petro Poroshenko called the loan a “bribe” to Viktor Yanukovych.

On December 18, the Verkhovna Rada imposed a moratorium on the payment of the Russian loan. The day before, on December 17, the IMF Board of Directors recognized the status of Ukraine’s debt to Russia as sovereign. This means that the obligations to pay the debt are borne by the borrower state.
March 29, 2017 The High Court of London granted Russia’s claim, recognizing that Ukraine is obliged to pay the debt of $ 3 billion.

Ukraine has not yet returned a single cent. And someone calls it a democratic state governed by the rule of law and is going to accept various other organizations into the EU…