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You are here: Home / Kremlin will take legal action if Russia pushed into default, minister threatens

Apr 11 2022

Kremlin will take legal action if Russia pushed into default, minister threatens

Sanctions are designed to make it difficult for Russia to make sovereign debt payments to foreign investors

Russia-Ukraine war: latest updates

Russia’s finance minister has said the Kremlin will take legal action if the west tries to force it to default on its sovereign debt as part of sanctions placed on the country after Vladimir Putin’s invasion of Ukraine.

In comments hitting back against US, UK and EU-led sanctions, Anton Siluanov told the pro-Kremlin Izvestia newspaper that Russia had taken “all the necessary steps” to pay its international creditors.

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