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US ends key waiver on Russian debt payments

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The U.S. Treasury Department said on its website it will not extend the waiver that allows Russia to make payments on its sovereign debt to U.S. bondholders, which could push Russia closer to default. The license will expire May 25.

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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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"These are frozen Russian assets held in Europe, belonging to Russians who are destroying Ukraine and killing people there every day... the idea of releasing these assets is completely out of the question," said Finnish Prime Minister Petteri Orpo.

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