EFSF Bonds Will Enable Russia to Buy EU Debt, Kudrin Tells RT
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Russian Finance Minister Alexei Kudrin said European Financial Stability Facility bonds would provide a mechanism for Russia to invest in the euro area’s debt without taking on the risk linked to the monetary union’s “bad countries,” state broadcaster RT reported.
“In this case we are not taking the risk on the ‘bad’ countries, because we invest in euro zone countries as a whole,” Kudrin said in an interview with the state-run, English-language station, according to a transcript published on its website.