The crisis in Greece will have a limited effect on Russia, which hasn't borrowed on international capital markets since 2013, according to Finance Minister Anton Siluanov. Greece's debt troubles including a missed $1.7 billion payment to the International Monetary Fund "won't have a serious impact on the global situation, but of course it undermines the stability of financial markets," Siluanov told reporters in Moscow on July 1. As Russia hasn’t been borrowing on foreign markets recently, there’ll be only an "indirect" effect on its domestic market from Greece, he said.
Bloomberg: Russia sees limited effect of Greek crisis on domestic market
Greek Prime Minister Alexis Tsipras (R) shakes hands with Russian President Vladimir Putin during a session of the St. Petersburg International Economic Forum (SPIEF 2015) in St. Petersburg on June 19, 2015.
