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Russia economic situation allows for massive cheap borrowings on foreign markets

January 15, 2014, 11:52 UTC+3 MOSCOW
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MOSCOW, January 15. /ITAR-TASS/. The situation in Russian economy allows the country to make massive cheap borrowings on foreign markets, but Russia does not plan to do it yet, Russian First Deputy Prime Minister Igor Shuvalov said at the Gaidar economic forum in the Russian capital on Wednesday.

“Our macro-economy is in a condition that we can make serious cheap borrowings on the market now, but we do not intend to do so yet,” Shuvalov noted.

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