Russia will go to court if Ukraine does not repay debt on time, Finance Minister says

Russia will turn to arbitration courts should Ukraine fail to repay a $3 billion debt on time, Finance Minister Anton Siluanov said on Tuesday.

"In case of no repayment, we will turn to arbitration courts," Siluanov told Russia's state-owned Rossiya-1 television channel. Russia, which holds $3 billion of Ukrainian bonds due in December, has so far refused to participate in the restructuring of Ukraine's debt.  

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