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Russian Federation will continue to pay the national debt, despite the tightening of foreign restrictions, payments will be made in rubles, - Ministry of Finance

The Russian Ministry of Finance, as a responsible borrower, confirms its readiness to continue servicing and repaying all debt obligations.

Payments to holders of Russian Federation Eurobonds within the Russian accounting infrastructure will be made to their NSD accounts.

Payments to Russian Federation Eurobond holders using foreign financial intermediaries will be made to C-type accounts.

"The current situation has nothing to do with the situation in 1998, when Russia did not have enough money to repay its debts. Now there is money, and a willingness to pay is also present. This situation artificially created by a hostile country will not affect the quality of life of Russians," Anton Siluanov.

ECB tries to save EU economy - central bank will be flexible in reinvesting PEPP program

The pandemic has left persistent vulnerabilities in the eurozone economy that contribute to the uneven normalization of our monetary policy among different countries, the ECB said. The ECB has instructed Eurosystem committees and ECB services to accelerate the development of a new mechanism to combat fragmentation. Why it matters. Rising

Price for oil price cap yet to be determined, head of European Commission

"The EU is ready in principle to go to the oil price cap," von der Leyen added. Earlier, the head of the U.S. Treasury Yellen said that the U.S. is not against the purchase of oil by India above the price cap. The WSJ also reported citing sources

U.S. officials forced to roll back plan to limit Russian oil prices - Bloomberg

India and China - Russia's most important trading partners - will not participate, Bloomberg sources said. The price cap plan is still alive after all. However, the price cap will be higher than previously thought. Earlier, U.S. Treasury Secretary Yellen said the price ceiling could be in the range

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