Why Russia is wary of borrowing abroad

13.06.2018

Worried by Russia’s small foreign debt, international creditors are advising it to borrow more, but Russia’s Central Bank believes that investments, not loans, are the way to go.

Russia’s $525-billion foreign debt is dwarfed by $7.5 trillion in Britain, $5 trillion in France, $4.8 trillion in Germany and a whopping $21 trillion in the...