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Kremlin says ‘no grounds’ to talk of Russia debt default

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Kremlin says ‘no grounds’ to talk of Russia debt default

Moscow: The Kremlin insisted Monday there have been “no grounds” to mention that Russia had defaulted on its foreign currency echange sovereign debt because the West pummels Russia with sanctions over its Ukraine offensive.

“There are not any grounds to name this case a default,” Kremlin spokesman Dmitry Peskov instructed newshounds.

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