Support The Moscow Times!

Greek Debt Crisis to Have 'Negligible' Effect on Russia, Finance Ministry Says

Euro coins are seen in front of a displayed of Head of Apollo on 1.000 Drachma old Greece banknote in this photo illustration.

The Greek debt crisis shows that Russia must carefully think about how high its own state debt burden is, Finance Minister Anton Siluanov told reporters on Wednesday.

"We are not tied to Greece by any financial obligations so the effect (of the crisis) on Russia will be negligible. Indirectly it may affect Russian financial markets," Siluanov said.

Read more

The need for honest and objective information on Russia is more relevant now than ever before!

To keep our newsroom in Moscow running, we need your support.