Russia's President Vladimir Putin makes his New Year's address to the nation in Moscow's Kremlin, December 31, 2015. / AFP / SPUTNIK / ALEXEY DRUZHININ
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Russia's finance ministry said Friday it was suing Ukraine for defaulting on a $3-billion debt to Moscow, following an order by President Vladimir Putin.Ukraine announced last month it would not make the payment on its debt to Moscow after Putin vowed to sue Kiev if it failed to pay by the end of 2015 .Moscow however, maintains that the loan cannot be considered private debt and has refused such conditions.The Russian government instead offered to spread out the payment over three years, an offer Kiev rejected.
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