Thursday, 20 March 2014

Western Banks Loan around Billions to Russia


Russian oligarchs, banks and businesses have been having a loan of a great deal from the West, underlining the dangers for both sides in raising the Ukraine disaster.

According to a statement from central bank of Russia, the sum foreign arrears stood at around $732 billion at the ending of 2013, up by almost $200 billion in excess of the two years -- and about $160 billion of that was fresh borrowing by Russian big businesses and banks.

The leaders of the EU will think about on Thursday how to augment the force on Putin over Russia's occupation of Ukraine's southern area of Crimea.

 And they will get together with President Barak Hussain Obama next week to carry on those discussions.

Blog Resource By:Newsline77.com

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