Russia, Ukraine to proceed on legal battle on Ukraine's debt; Litigation to begin next year
Litigation could be the next step for Russia and Ukraine soon if the two countries do not reach settlement on the multi-billion debt that Ukraine owes to Russia. The rift between two countries is expected to bring larger effects to both economies, as allegations on the Russia's annexation of Crimea and the issue of them backing on the separatist uprising in the Eastern Ukaraine could also be included in the court proceedings.