In European Union, you are confident: “Russian bankruptcy is only a matter of time”

Western sanctions are increasingly overlooking the economy of Russia, the default is only a matter of time, said the chairman of the European Commission Ursula von der Lyien on Sunday, the Bild Am Sonntag newspaper.

“Sanctions of the week for a week are all deeper into the Russian economy: the export of goods to Russia collapsed by 70%,” – quotes TASS von der Layen.

According to her, “hundreds of large companies and thousands of experts left the country, GDP in Russia, according to today’s forecasts, will decrease by 11%.” In her opinion, “Russian bankruptcy is only a matter of time.”

TASS with reference to the data of the Ministry of Finance of the Russian Federation reminds that on February 1, 2022, the foreign national debt of Russia was $ 59.5 billion, including debt on external bond loans – $ 38.97 billion. In total, the Russian Federation has 15 existing bond loans with maturity rates from 2022 to 2047.