USA: default showed impact of sanctions on Russian economy

Defolt showed how much the sanctions influenced the Russian economy, the US Federal Government employee said. Reuters reports that the official said this in an interview with journalists, while the White House published an information ballot with a detailed description of the potential actions of the “large seven” to support Ukraine and further restricting the oil revenues of Moscow.

Earlier, Bloomberg reported that on the night of June 27, Russia for the first time since 1918 made a default on sovereign duty in foreign currency.

“Today’s news about the default of Russia, the first for more than a century, show how strong the measures taken by the United States together with its allies and partners were, and what a serious impact was exerted on the Russian economy,” the official added at the fields in the fields Summit “Big Seven” in Germany.

Earlier, some bond holders said that they did not receive overdue coupons on Monday, after the deadline for the payment expired a day earlier.

The Kremlin has repeatedly stated that Russia has no reason for default, but it cannot send money to bond holders due to sanctions. Moscow accused the West of trying to bring her to artificial default.