Luiz 4,253 Posted February 4, 2015 Share Posted February 4, 2015 Putin says Ukraine needs to repay a $3 billion loan because Russia needs the money to fight its financial crisis Russia could really make things miserable for Ukraine soon. On Tuesday Russian president Vladimir Putin said that Ukraine should repay the $3 billion loan because Russia needs that money to fight the economic crisis that's currently ravaging the nation, reports Bloomberg's Anton Doroshev. Last week, Russia rolled out a $34.7 billion stimulus program , which focuses primarily on bailing out banks and big companies. This "anti-crisis" package aims to cushion the blow from the current economic crisis. And now Putin says that Russia's Wellbeing Fund, including the debt due for repayment by Ukraine in December 2015, should be used for "our own needs" because "additional resources are needed to" implement the stimulus program, according to Bloomberg. But this is hardly surprising. Over the last few weeks, Russia has several times threatened the possibility of calling in the loan. In early January, the Russian finance minister even announced that Ukraine breached the terms of agreement of the loan, which would give Russia some leverage in this argument. If Russia's actually serious about Ukraine repaying the loan, things could soon get ugly because this could push Ukraine into default . The timing for repaying this loan "couldn't be worse," for Ukraine, wrote Business Insider's Tomas Hirst . "Ukraine is set to hand over $19 billion over the next three years ($7.5 billion in 2015, $4.7 billion in 2016, and $6.6 billion in 2017) in debt payments that its ailing economy can ill afford." For now it looks like Ukraine is safe. Kremlin spokesman Dmitry Peskov told reporters that Putin's "comments shouldn't be taken as a demand for early repayment of the Eurobonds bought by Russia," reports Bloomberg. Still, Russian Prime Minister Dmitry Medvedev says a decision on whether Moscow will recall the loan early will be taken "soon." And that was two weeks ago. http://finance.yahoo.com/news/putin-says-ukraine-needs-repay-230048288.html I disapprove of what you say, but will defend to the death your right to say it. Link to post Share on other sites More sharing options...
Melech 9,900 Posted February 4, 2015 Share Posted February 4, 2015 russia pls Link to post Share on other sites More sharing options...
Ursula Buffay 73 Posted February 4, 2015 Share Posted February 4, 2015 Putin is the king tbh Link to post Share on other sites More sharing options...
Mr Josh 3 Posted February 4, 2015 Share Posted February 4, 2015 Mess he's ruthless. Link to post Share on other sites More sharing options...
RAMROD 117,155 Posted February 4, 2015 Share Posted February 4, 2015 But Putin, your unwise policy caused all of this. What goes around, comes around. Better free Ukraine soon, Putin! (ﾉ◕ヮ◕)ﾉ✧*:･ﾟ ᶠʳᵒⁿᵗ ᵗᵒʷᵃʳᵈ ᵉⁿᵉᵐʸ (*´艸｀*) ♡♡♡ Link to post Share on other sites More sharing options...
Supersonic 49,376 Posted February 4, 2015 Share Posted February 4, 2015 Gagadaily user amenvodka demands Vladimir Putin to lick his nuts THE INTERNET (MN) Things could go really bad for Putin as Gagadaily user amenvodka demands him to lick his nuts. "I'm tired of this old-ass queen always opening his mouth to say irrelevant sh*t", says the Mainz native in response to being confronted with all the shenaningans Russian drag performer Putin pulled over the course of his decade spanning career, that Madonna would be jealous of. Things could go really sour for Russia, as he hasn't shaved his ballsack in more than 700 years and the possibilty of Putin accidently hurling on the pubic hair. Link to post Share on other sites More sharing options...
bionic 50,111 Posted February 4, 2015 Share Posted February 4, 2015 I wonder if he'd let them pay with land Link to post Share on other sites More sharing options...
Memo 176 Posted February 4, 2015 Share Posted February 4, 2015 yess!!!! great idea!!!! make the people you're literally fighting a proxy war with pay you!!!!!! Link to post Share on other sites More sharing options...
Luc 4,776 Posted February 4, 2015 Share Posted February 4, 2015 December 2015 I do underdtand Putin here though, it's both smart economically and geopolitically. But can't they cut their funding of East-Ukrainian rebels first? That'd profit them way more. And perhaps de-annexating the Crimea, considering Russia's sanctions would be lifted. Link to post Share on other sites More sharing options...
bumblebee 2,528 Posted February 5, 2015 Share Posted February 5, 2015 December 2015 I do underdtand Putin here though, it's both smart economically and geopolitically. But can't they cut their funding of East-Ukrainian rebels first? That'd profit them way more. And perhaps de-annexating the Crimea, considering Russia's sanctions would be lifted. De-annexation of Crimea seems impossible. I consider it highly unlikely that the new Ukrainian government will allow Russia to keep its fleet base in Crimea if they ever decide to handle it back, after all that has happened between two countries. At the same time, the Crimea fleet base is the only proper fleet base of Russian Army in the Black Sea, and seems like Russian government and army leaders are determined to keep it at almost any cost. Link to post Share on other sites More sharing options...
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