Russian government preparing plan of action in case of Ukrainian default

Russian government preparing plan of action in case of Ukrainian default

Russia’s Finance Ministry is preparing a plan of action in case Ukraine declares a default, Russian Minister Anton Siluanov said.

"Currently, we’re preparing a particular plan of action for Ukraine’s default. In fact, in late December if Ukraine does not pay up, this will be viewed as a default, as non-payment of one state to another state, despite the International Monetary Fund’s program," Siluanov said at a meeting of government members with President Putin.

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