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Posts Tagged ‘National Welfare Fund’

Ukraine scores $15 bln from Russia, 33% gas discount

17 Δεκεμβρίου, 2013 Σχολιάστε

PUTIN Yanukovych 17 dec ria novostiAfter stringing along Russia, the EU and the Ukrainian people, President Viktor Yanukovich has inked an agreement worth $15 billion in securities and from January 1, can start buying Russian gas for $268 instead of $400 per 100 cubic meters.

The Russian government will essentially buy $15 billion in Ukrainian debt by buying Ukrainian securities using money from Russia’s Welfare Fund, President Vladimir Putin announced Tuesday at a meeting with Yanukovich in Moscow.
«For the purpose of supporting the Ukrainian budget the Russian government has made a decision to invest part of the National Welfare Fund, to the tune of $15 billion, in Ukrainian government securities,» Putin said……… Διαβάστε περισσότερα…