Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Russia is in a foreign debt default for first time in a century

Photo: Reuters

For the first time since 1918, Russia has defaulted on its sovereign debt in foreign currency, Bloomberg reported. This was due to international sanctions against Moscow following the Russian aggression in Ukraine and the inability of Russian banks to cover a maturity of $ 100 million in bond coupons.

On the first day of the G7 summit in Bavaria, the leaders of the most industrialized Western countries pledged to provide unlimited support to Ukraine for its defense against the Russian invasion, Bloomberg reported, citing a draft declaration from the forum.

Due to the Russian missile strikes, the United States plans to announce the purchase of NASAMS medium to long range surface-to-air anti-aircraft missile systems for Ukraine this week, CNN reported.

Germany will prepare and send an additional military contingent to defend Lithuania if Russia tries to invade the Baltic state because of the blockade of Kaliningrad, REUTERS reported. At the NATO summit in Madrid on June 28-30, the pact leaders will announce new aid to Ukraine and the Baltic states, the agency said.

The Spanish newspaper El Pais writes that the leaders of the Alliance can decide on the largest military deployment of the organization after the Cold War, doubling NATO forces on the eastern flank.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

EC closes the infringement procedure against Bulgaria related to the flood risk management plans

The European Commission has decided to close the infringement procedure against Bulgaria for the non-implementation of its obligations to review and update the Second Flood Risk Management Plans and the Third River Basin Management Plans.  A statement..

published on 2/17/25 5:40 PM
Acad. Ivan Todorov

One of the brightest Bulgarian minds passed away - physicist Ivan Todorov

Physicist Acad. Ivan Todorov passed away at the age of 91, the press center of the Bulgarian Academy of Sciences announced. Acad. Todorov was a scientist with outstanding achievements and world recognition in the field of modern..

published on 2/17/25 4:13 PM

Sofia Airport operates normally in winter conditions

Sofia Airport operates normally in winter conditions, BTA has reported. The runways for take off and landing have been cleaned. The aircraft are being treated against icing. Passengers are advised to arrive at the terminals at..

published on 2/17/25 2:44 PM