Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Russia to reject Soviet debt

Saturday 06 March 1993 00:02 GMT
Comments

MOSCOW (Reuter) - Russia said yesterday it would not pay back debts built up by the former Soviet Union until creditors had agreed a rescheduling deal. The deputy prime minister, Alexander Shokhin, told a news conference Russia was paying back loans offered to Moscow after the Soviet Union fell apart in December 1991, but would not repay former Soviet debt until the Paris Club of creditor states agreed to allow more time to pay.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in