RUSSIAN GOVERNMENT LIST OF ‘HOSTILE’ COUNTRIES

The Russian government has approved a list of States and territories which it says have carried out ‘hostile actions’ against Russia, and will permit Russian citizens and companies to pay monies they owe to creditors in these countries in rubles instead of the agreed currencies.

The State itself, Russian citizens and companies who have foreign currency obligations in the countries on the list can pay them in rubles when the payments are more than ten million rubles a month (the equivalent of more than  € 66,000 ) or a similar amount in foreign currency.