Putin restructures Kiev debt to promote stability in Ukraine November 17, 2015 - 11:23 AMT PanARMENIAN.Net - Russian President Vladimir Putin is proposing restructuring the $3 billion debt owed by Ukraine to his country, the Associated Press reports. The surprise announcement by Putin at the summit of G-20 leaders in Turkey on Monday, November 16, could be a significant step toward promoting stability in Ukraine as fighting between government forces and Russia-backed separatists in eastern Ukraine dies down. Putin said that he had discussed the proposal with President Barack Obama earlier in the day. Putin said that rather than seeking $3 billion in debt repayment this year, Russia would be willing to agree to payments of $1 billion a year in 2016-18. He said: "We are ready not to receive any money this year." He said Russia has asked for guarantees for the repayment from either the United States or the European Union. Related links:   Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads.   Partner news |  Latest news Former Pashinyan envoy urges end to Genocide speculation  Marukyan has urged authorities in Armenia stop discussions about verifying the names of 1.5 million victims.First Canadian expert join EU mission in Armenia The first Canadian expert to join the European Union’s civilian mission in Armenia has arrived in Armenia.Armenian cemetery in Fresno hit by arsons six times since January Six total incidents have burned 19 old-growth trees. Friday night 8 trees were torched along the beautiful main entrance.Iran vows to “decisively” defend sovereignty, national interests The Iranian embassy in Armenia has defended its “defensive and proportional action in in occupied Palestine.” |
