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2022.06.22 21:59 GMT+8

Putin signs decree on external debt service as possible default looms

Updated 2022.06.22 21:59 GMT+8
CGTN

Russian President Vladimir Putin signed a decree on Wednesday establishing temporary procedures to fulfil its foreign debt obligations, Interfax news agency reported, as lenders keep a close eye on a potential default.

The agency said Putin had ordered Russia's government to choose banks within 10 days to handle payments on Eurobonds under a new scheme.

Source(s): Reuters
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