×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: kremlin | russia | debt | western sanctions

Kremlin Says Russia Has 'No Grounds for Default'

russian flags
Russian flags fly over the Kremlin in Moscow. (YURI KADOBNOV/AFP via Getty Images)
 

Wednesday, 08 June 2022 08:12 AM EDT

The Kremlin has said there are no grounds for Russia to default on its debts, as the country struggles to make interest payments to bondholders because of Western sanctions.

Kremlin spokesman Dmitry Peskov blamed the sanctions, which have seen almost half of the country's foreign currency reserves frozen, for "pushing Russia into an artificial man-made debt default."

© 2022 Thomson/Reuters. All rights reserved.


GlobalTalk
The Kremlin has said there are no grounds for Russia to default on its debts, as the country struggles to make interest payments to bondholders because of Western sanctions. Kremlin spokesman Dmitry Peskov blamed the sanctions, which have seen almost half of the country's...
kremlin, russia, debt, western sanctions
57
2022-12-08
Wednesday, 08 June 2022 08:12 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved