Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Venezuela Debt Restructuring
October 4, 2017 16:08


 Minister of Finance of Russia Anton Siluanov will not rule out the restructuring of Venezuela's debt until the end of 2017, according to Rambler News Service.

According to him, the work is in progress in this direction and "mutually acceptable options for the two countries" are being sought. In early September Siluanov said that Venezuela had asked Russia to restructure the state debt to Moscow. He added that Russia implemented this work within the framework of the Paris Club of creditors and simultaneously carried out the bilateral contacts for the development of mechanism for restructuring.

In September 2016, the Russian government has already agreed to restructure Venezuela's debt by $ 2.84 billion, in particular, the term for part of the payments transferred. In June, the Chamber of Accounts' resolution on the amendments to the budget of 2017 said that Venezuela had violated its obligations to Russia, in connection with which the changes in the budget had been planned to reduce the volume of returns on state financial and export credits by 53.9 billion rubles.


Author: Anna Dorozhkina


Next Previous

You might also find interesting:

Soviet Brand The Best Beaches Of The Moscow Region Russia In Global Value Chains Coal and Energy Giant was born in Russia Simplification Of Obtaining Russian Citizenship

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share


search on the map
Russian security service  Ryazan  Russian Literature  Leonard Cohen  Rock Musical TODD  Russian sanctions   Cyber Fraud  BaikalAmur Mainline  Exhibitions in Moscow  Vegetarianism  Platonov's Festival of Arts  contemporary art  Shtockman project  Russian opera singers  Russian Cinema  Jazz  Magnitsky Act  Aeroflot  Russia-Kazakhstan  Sayans  Kirov  Russian universities  Book Tickets for Ballet  Russian academy of sciences  Russian business  Sea Facade  Sofia Dymshiz-Tolstaya  Archeology  snowmobile  St. Petersburg  Usmanov  Russian sport  Baikonur  Russian National Character  Mercedes-Benz Fashion Week Russia  Dmitri Shorin  Russian tourism  anniversary  Gorny Altay  Political Rallies  Russian Theater  Cars  Moscow  Dagestan  Russian history  Barrows  FutureWarFest  international   Zaryadye  Space Exploration 

Travel Blogs
Top Traveling Sites