Russia eligible for refinancing in Euro area: Euro Bank Pres

In: refinancing

14 Mar 2010




The President of the European Central Bank is in Moscow for a biennial meeting with his counterpart at the Bank of Russia in Moscow.

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2 Responses to Russia eligible for refinancing in Euro area: Euro Bank Pres

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aviomaster

March 14th, 2010 at 6:20 pm

— Exactly true ,,, PEople in USA use credit cards like crazy ,, and than they do not have the money to repay it , or are just paying minimum payment ,, and will never get out of DEBT …

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lawsonks

March 14th, 2010 at 7:10 pm

Perhaps I am paranoid but it sounds like just as Russia has paid off the debt to the World Bank – the European Bank sees an opportunity to indebt Russia again. Why should Russia suffer the credit crunch when the majority of Russians don’t use credit and were not a cause of the problem?

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