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Russia hidden war debt and a looming credit crisis


🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
By Ben Aris in Berlin Moscow has been quietly pursuing a two-pronged strategy to finance its escalating war costs. In addition to the publicly scrutinised defence budget, it has set up a system of state-directed off-budget soft loans where the Kremlin badgers banks into making easy credits to defence sector companies to fund its war machine

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/russia-hidden-war-debt-and-a-looming-credit-crisis/ar-BB1ro2t3 ]
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