Russia confident UK's top court to rule in its favour in Eurobond case vs Ukraine

Russia confident UK's top court to rule in its favour in Eurobond case vs Ukraine
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  • Country:
  • Russian Federation

The Russian finance ministry said on Monday it remained confident that the UK Supreme Court would rule in Moscow's favor in a Russia-Ukraine $3 billion Eurobond case, it said in a statement.

The debt was borrowed six years ago by a pro-Russian president months before he was toppled in a popular uprising. Moscow is seeking a summary judgment in its favor that could see Ukraine ordered to pay the debt in full, without a trial.

The finance ministry also said Moscow's total claims to Ukraine, including interest payments, came to about $4.5 billion.

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