“We did not declare default!”: Russia still does not understand that default is sanctions

Russia has begun to suspect that default is not easy.

Russia still does not link the default of the country, the mechanism of which was launched on April 4, and sanctions imposed by the world community against Russia as an aggressor. On April 12, Russia's finance ministry issued a statement denying the country's default.

“Russia has not defaulted on its Eurobond commitments “, – stated in the Ministry of Finance, citing TARS.

” Obviously, the obstacles to payments, repayment and servicing of Russian debt in foreign currency are created artificially, “- added also in the ministry.

We will remind, April 4 Russia's Ministry of Finance could not pay in Eurobonds in dollars , and the payment made in rubles was not accepted by a foreign correspondent bank, which actually launches the mechanism default of the aggressor country .

On April 5, the United States announced that it wants to put Russia in front of a choice between depleting reserves and default .

“Russia does not have unlimited resources, especially now, given the destructive sanctions we have imposed. They will have to choose between depleting the remaining valuable dollar reserves, gaining new income or defaulting. The biggest part of our goal here is to deplete the resources that Putin (Russian President Vladimir Putin – ed.) has to continue his war against Ukraine … In the long run, it will be harder for him to wage war “White House spokeswoman Jen Psaki said.”

Based on materials: ZN.ua

Share This Post