Putin greets KamAZ-Master team - winner of Silk Way RallySport July 22, 15:20
Agreements on East Ghouta zone in Syria signed - Defense MinistryWorld July 22, 14:20
PAK FA offers practically unlimited opportunities to pilot - commanderMilitary & Defense July 22, 11:29
Ukraine's National Broadcasting Board issues fine to Public Radio for 0% Urkainian songsWorld July 22, 5:39
Femen movement activists faces 5 years in jail for trying to frustrate summit meetingWorld July 22, 4:38
Russian Deputy PM dismisses allegations he will arrived in Moldova on warplaneRussian Politics & Diplomacy July 22, 2:46
Russian top diplomat shares his impressions from meeting with US leaderRussian Politics & Diplomacy July 21, 20:31
Lavrov bewildered US special services give no facts of Russia’s meddling in US electionRussian Politics & Diplomacy July 21, 19:46
Putin says USSR collapse had greatest impact on himSociety & Culture July 21, 18:37
DAVOS, January 21. /TASS/. Russia’s downgrade to junk status would be a “big mistake,” Russian Deputy Prime Minister Arkady Dvorkovich told Bloomberg TV channel at the World Economic Forum’s annual meeting in Davos, Switzerland on Wednesday.
“It would be a big mistake. Russian public debt is very low, Russian public finances are stable and there is no risk of defaulting on the financial commitments. I think it’s the overall perception of risks and uncertainty towards Russia, but not really within Russia,” Dvorkovich said.
The international rating agency Fitch announced on January 10 it had downgraded Russia’s long-term rating to BBB-from BBB, just one notch above the speculative level. "The economic outlook has deteriorated significantly since mid-2014, following sharp falls in the oil price and the ruble, coupled with a steep rise in interest rates," Fitch’s statement said. The move to downgrade Russia’s sovereign rating may be followed by S&P and Moody’s.