In Russia, there are no conditions for default. According to RIA Novosti, the spokesman for President Dmitry Sadkov stated this.
“We have heard the statement of our heads of financial departments, the Ministry of Finance, and so on about the readiness of the presence of the necessary stock of strength to pay all external debts in rubles. In fact, there are no such conditions for default, unless they are created and are not charged. We are artificially, “he said.
Head of the International Monetary Fund of Kristalin Georgiev did not previously eliminated the possibilities of Russia’s default due to sanctions imposed on the country. According to her, “unprecedented sanctions pushed the country into recession.”