Russia plans to settle its Eurobond obligations using a mechanism similar to the scheme used to pay for Russian gas in roubles, the Vedomosti newspaper reported, citing Finance Minister Anton Siluanov. The United States pushed Russia closer to the brink of a historic debt default last Wednesday by not extending its licence to pay bondholders, as Washington ramps up pressure following Russia’s military intervention in Ukraine. read more Facing an unprecedented debt crisis, Finance Minister Siluanov said on Friday that Moscow would continue to service its external debt in roubles, defending its role as a reliable borrower by all possible means. read more In order to receive payments, Eurobond holders will have to open foreign currency and rouble accounts at a […]