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Russia is now just hours away from its first foreign default

June 27, 2022 By admin Leave a Comment

#Russia is now just hours away from its first foreign default in a century. Grace period on €100mln of missed payments ends on Sun night. Sanctions have blocked payments to holders of Russian debt. Kremlin says it’s not a default b/c it has enough funds. https://t.co/7kg0zdfdvA pic.twitter.com/zcny8FYQNP

— Holger Zschaepitz (@Schuldensuehner) June 26, 2022

Filed Under: Press Release Tagged With: Russia, default

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