senheiser
SENIOR MEMBER
- Joined
- Jun 26, 2012
- Messages
- 4,037
- Reaction score
- -1
- Country
- Location
Western banks lend billions to Russia - Mar. 20, 2014
LONDON (CNNMoney)
Russian oligarchs, banks and corporations have been borrowing heavily from the West, underscoring the risks for both sides in escalating the Ukraine crisis.
According to Russia's central bank, total foreign debt stood at $732 billion at the end of 2013, up by nearly $200 billion over two years -- and $160 billion of that was new borrowing by Russian businesses and banks.
LONDON (CNNMoney)
Russian oligarchs, banks and corporations have been borrowing heavily from the West, underscoring the risks for both sides in escalating the Ukraine crisis.
According to Russia's central bank, total foreign debt stood at $732 billion at the end of 2013, up by nearly $200 billion over two years -- and $160 billion of that was new borrowing by Russian businesses and banks.
