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BBC: Russia's debt deadline approaches threathening default.

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Russia is on the verge of debt default - the first one since 1998 - if the country fails a June 26 deadline to make its $100 million interest payment. Although BBC reports that Russia has the funds and is willing to pay, it cannot transfer the money to international creditors due to sanctions.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Hungarian Prime Minister Viktor Orban called upon the EU to take action against Ukraine's conscription practices in an interview with Origo published on July 15, amid an ongoing dispute with Kyiv over the death of a Ukrainian conscript of Hungarian ethnicity.

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