Lavrov urges Europe to work harder towards implementing Minsk dealRussian Politics & Diplomacy March 27, 12:07
Italian top diplomat urges to restore dialog between Russian and EUWorld March 27, 12:01
Eurovision scrambles to ensure Russia’s participation in Kiev-hosted song contestSociety & Culture March 27, 11:41
Siberian ex-cop turned sadistic ‘werewolf’ serial killer charged with another 60 murdersSociety & Culture March 27, 11:25
NATO-Russia Council meeting on the horizon – diplomatRussian Politics & Diplomacy March 27, 11:06
Russia’s FSB detains gunmakers, seizes three aircraft gunsRussian Politics & Diplomacy March 27, 10:32
Russian, Tajik troops hold joint anti-terror drills in AsiaMilitary & Defense March 27, 9:11
US calls for release of detained participants in unsanctioned rallies across RussiaWorld March 27, 6:37
Russia conducts six humanitarian operations in Syria in 24 hoursSociety & Culture March 27, 6:34
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.