by CBBSS | Nov 18, 2020 | Regional News
Russia has given up its demand that Ukraine pay its $3 billion debt in entirety this year, The Moscow Times reports. Following talks with Obama and IMF chief Christine Lagarde at the G-20, Putin announced Ukraine can pay down the debt in $1 billion instalments...
by CBBSS | Nov 16, 2020 | Regional News
Russia’s finance minister Anton Siluanov says Moscow has made an offer to Kiev over the $3 billion debt Ukraine is supposed to pay back next month, Reuters reports. Thus far, Russia has been unwilling to compromise even though Ukraine’s other creditors have agreed to...
by CBBSS | Sep 25, 2021 | Regional News
Citing a list of Russia’s top 500 companies published by the RBC news agency, The Moscow Times reports Russia is failing to diversify its economy. Even with plummeting oil prices, oil and gas companies earned 98 percent of profits made by large Russian firms in...
by CBBSS | Aug 27, 2021 | Regional News
Kiev has announced its largest private creditors have agreed to write-off 20 percent of $18 billion of debt, as well as to extend the maturity by four years on the remaining money owed, The Telegraph reports. Moscow promptly announced it would not agree to the terms...
by CBBSS | Jul 10, 2021 | Regional News
Greek Prime Minister Alexis Tsipras has submitted a last-minute bailout package offer that contains more, not less, austerity than the one he campaigned against and that Greeks rejected in a referendum on Sunday. The proposal sent to Brussels Thursday evening consists...
