Ukraine cancels $2 billion 5-year Eurobond issue for Russia

Ukraine has cancelled its planned issue of 5-year Eurobonds worth $2 billion, and blockades lifted on Ukraine border crossings with Poland

Ukraine cancels $2 billion 5-year Eurobond issue for Russia

Dünya Bülteni/ Haber Merkezi

Ukraine has cancelled its planned issue of 5-year Eurobonds worth $2 billion, the Ukrainian finance ministry said on Friday in a statement to the Irish Stock Exchange.

Ukraine had hoped the $2 billion would be bought by Russia to help the former Soviet state stave off bankruptcy.

Meanwhile, all border crossings between Poland and Ukraine were clear on Friday after road blockades on the Ukrainian side were lifted, the Polish border guard service said.

Ukrainians had blocked some roads leading up to crossings earlier in the week as part of widespread protests against their government, raising fears in Poland the unrest cold hurt trade.

"There are no more blockades. All crossings with Ukraine are functioning normally," guards' spokeswoman Joanna Rokicka told Reuters.

Last Mod: 21 Şubat 2014, 11:09
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