(Corrects paragraph 2 to say "justiciable" defence, not
KIEV, March 29 Ukraine will appeal a decision by
a British court in a $3 billion Eurobond case brought by Russia
against Kiev, and has been granted a stay at least until late
April, Finance Minister Oleksandr Danylyuk said on Wednesday.
The court said Ukraine did not provide a "justiciable
defence" and ruled that it would not be right for the case to go
to full trial.
The case centres around a $3 billion Russia lent in December
2013 to Ukraine under former President Viktor Yanukovich in the
form of a Eurobond governed by English law. Moscow wants the
bond to be repaid in full but Kiev insists Russia should have
participated in a 2015 restructuring of Ukrainian Eurobonds.
"Ukraine received the judge's permission to appeal,"
"At the request of the Ukrainian lawyers, the court also
agreed to freeze today's decision until the next court session,
which will take place no earlier than late April."
(Reporting by Natalia Zinets; Writing by Matthias Williams;
Editing by Alison Williams/Jeremy Gaunt)