- Russia is suing Ukraine for having failed to repay a $3B Eurobond and $75M of interest by Dec. 31.
- "A corresponding lawsuit will be filed in an English court in compliance with the established procedures," the finance ministry said on its website.
- Ukraine, which has separately reached an agreement with private creditors to restructure its sovereign debt, insists the Eurobond is commercial debt and it cannot offer Russia a better deal than other creditors.
- Previously: Escalating tensions between Russia, Ukraine (Dec. 17 2015)
- ETFs: RSX, RUSL, RUSS, ERUS, RSXJ, RBL