“This was a political credit, which we were forced to accept… Our stance is that we shouldn’t return this money”, - the Minister explained in an interview with Expresso TV Channel.
In December 2013, when Viktor Yanukovich suspended the preparation process for the conclusion of a treaty with the EU, Russian President Vladimir Putin announced that the RF government would allocate $15 bln in public bonds of Ukraine. Kiev issued Eurobonds totaling $3 bln of two year duration. The bonds were redeemed by the Fund of National Welfare. Shortly afterwards, the political power changed hands in Ukraine.