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War in Ukraine: Russia soon unable to pay its debts, warns agency

https://www.bbc.co.uk/news/business-60672085

by curtisblaine • 4 years ago

14 3 4 years ago

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3

danuker• 4 years ago

increase the probability of a policy response by Russia that includes at least selective non-payment of its sovereign debt obligations

This article is missing reality. Russia is already defaulting on its debt, by no longer paying out coupons on bonds for foreign holders.

https://www.reuters.com/article/ukraine-crisis-russia-bonds-...

raxxorrax• 4 years ago

I think lenders can be pretty sure that the outstanding debt is gone more or less.

simonblack• 4 years ago

Block cash reserves, you get problems in payment. What would you expect?

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