'West wants stop on Ukraine bond buys'

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UkraineProtest1 Reuters. Members of Vienna's Ukrainian community protest against Russian troops in Ukraine, outside the US embassy in Vienna March 4, 2014. President Vladimir Putin said on Tuesday that Russia saw no need to use military force in the Crimea region of Ukraine for now, in remarks apparently intended to ease East-West tension over fears of war in the former Soviet republic. Earlier on Tuesday, Putin ordered troops involved in a military exercise in western Russia, close to the border with Ukraine, back to their bases.

Novo-Ogaryova - Russian President Vladimir Putin said on Tuesday that Russia was ready to release another tranche of its $15 billion credit to Ukraine, but Western countries asked Moscow to hold off on the Eurobond purchases.

In December, Moscow bought $3 billion worth of Ukraine's Eurobonds, but a second tranche of a $2 billion due earlier this year has been postponed.

“In principle we would be ready to consider a further step to release more tranches ... additional purchases of bonds, but our Western partners have asked us not to do it,” Putin told journalists. - Reuters



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