A scheme similar to the one Russia uses to get foreign payments for its natural gas will be used to service its sovereign debt, Finance Minister Anton Siluanov explained to a Russian business daily. Debtholders will need to open two accounts in a designated Russian bank to get what is …
Read More »On human rights, US and Japan have debts to China and the people of the world, says Beijing
Speaking on Monday, foreign ministry spokesman Wang Wenbin denounced the joint statement made by Washington and Tokyo, which claimed China’s actions are negatively impacting peace and security in the Indo-Pacific region. Wang claimed that the US and Japan weren’t at liberty to make such statements concerning Chinese internal policy and …
Read More »No mercy to pandemic-hit states as ECB chief says canceling Covid debts ‘unthinkable’
“Canceling that debt is unthinkable. It would be a violation of the European treaty which strictly forbids monetary financing of states,” the ECB chief said in an interview with France’s Le Journal du Dimanche weekly. The claim comes shortly after the pool of more than 100 economists for the regulator …
Read More »COVID-19 will leave Russia with debts on housing and communal services
The non-payment for communal services grew by 20-30% in comparison with the data for February, said the expert of the Public chamber of Russia Svetlana Razvorotneva. The withdrawal of the Russians left without work and without money. The government abolished for the period entered in the country restrictions fines and …
Read More »The Latvian Central Bank offered to write off citizens debts on your mortgage
The new head of the Central Bank of Latvia mārtiņš Kazaks offered to write off all the debts on mortgage loans that have been taken by Latvians in the “fat years” prior to the crisis of 2008-2009. According to Kazaks, it must “return in the economic turnover” of more than …
Read More »Forgave the debts of the Soviet, but Russian run
With regards to the statements about the fact that “Africa is rich in natural resources, there is poor infrastructure and great prospects in its construction, there is a need for new aircraft, construction machinery, geological exploration and subsequent exploitation of deposits” — in General, all the arguments of the opponents …
Read More »Where are the astronomical debts for communal
The Russians are owed for utility services half a trillion rubles, and every year this amount continues to grow, although 95% of citizens regularly pay receipts. According to the Ministry of the Russian Federation for the first quarter of 2019 debt of Russians for housing and communal services increased by …
Read More »The Minister of economic development laid on the banks responsible for the debts of the Russians
The Minister of economic development of Russia Maxim Oreshkin said that the banks should be held responsible for the level of debt load of Russians. “If the person was in a difficult debt situation, it is the fault not only of this man, obviously, his fault here is indisputable, but …
Read More »The Russians will forgive the debts on loans?
In the banking community and the state Duma “Rosbaltu” announced support for new high-profile ideas of the government, against so far are the only collectors. Before you sell the “bad debt” collectors, banks will have to offer it to the borrower, and with the same discount, says”Kommersant” with reference to …
Read More »In Russia, significantly increased the debts under the salary
Total wage arrears in Russia on August 1, 2019 was increased by 7.1% compared to 1 July of the current year and reached 2,753 billion rubles, follows from materials of the Federal service of state statistics. According to Rosstat, the total amount of unpaid wages for debts, formed in 2019, …
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