Russia denied Monday that it defaulted on foreign debt obligations, saying Western sanctions that blocked bond payments are “not our problem.”
Kremlin spokesman Dmitry Peskov, …
Russia denied Monday that it defaulted on foreign debt obligations, saying Western sanctions that blocked bond payments are “not our problem.”
Kremlin spokesman Dmitry Peskov, a Russian spokesperson, said that the Kremlin had successfully made bond payments due in May. On Sunday, the country missed a deadline to pay $100 million in dollar- and euro-denominated interest on two foreign-currency bonds as a 30-day grace period from a May 27 due date expired.
