Fears rise on Russian foreign debt

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Yes, the risk of Russian corporate defaults due to governmental difficulties goes with the territory.

Fears rise over Russia’s foreign debt

by Catherine Belton

Feb 22 (Financial Times) — Western bankers are increasingly anxious about Russian companies’ ability to repay $500bn in foreign corporate debt after the government said this month it was suspending a $50bn bail-out programme due to dwindling reserves. Bankers are demanding clarity after Igor Shuvalov, first deputy prime minister, said in a closed-door briefing this month that Russia was going to switch focus from bailing out tycoons to supporting the banking system.