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Can Russia stand four years of sanctions?
Source: Tanjug
Tuesday, 21.10.2014.
15:30
Tuesday, 21.10.2014.
15:30
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Russia can stand sanctions imposed by the West due to situation with Ukraine for at least four years, German information service, BND, reports.
Money reserves of Russia, according to the service estimations, at this moment total USD 619 billion which is 162% of state expenditures for the current year, Deutsche Welle radio reports.
As a result of that, Russia could live 20 months only from these funds. BND also believes that, ,thanks to extansive money reserve as well as relatively low public debt of 13%, Russia can stand consequences of financial crises during four years, Deutsche Welle reports.
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