You're reading: Ukraine has until March 4 to respond to Russian claim for $3 billlion debt

Ukraine has until March 4 to respond to a Russian court claim for debt on eurobonds, Deputy Russian Finance Minister Sergei Storchak told reporters.

“We’ve said the amount a hundred times: $3 billion, plus a coupon for $75 million which they haven’t paid,” he said.

“The key date is the first one, March 4, by when the Ukrainians are due to respond to our lawsuits. The court will then schedule hearings. We have filed the suit and they have to make at least some sort of counter-argument. It’s the usual plaintiff-defendant procedure – the plaintiff first and the defendant second,” he said.