Russia rejects default claims ...News

Russia Today - Economy
Russia rejects default claims
source : Russia Today ( News ) () 48
All bond payments were made on time, Kremlin spokesman Dmitry Peskov says Russia has fulfilled its Eurobond obligations to foreign investors, and the fact that the funds were not forwarded to recipients due to Ukraine-related sanctions is no reason to declare a default, Kremlin spokesman Dmitry Peskov told reporters on Monday. “No, we don’t agree,” Peskov said when asked by a reporter to comment on a report by Bloomberg claiming that Russia had defaulted on its debt for the first time since 1918. Peskov said that such claims are “absolutely unjustified” since the payment on the Eurobonds was made well before the d

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