Frankly Speaking | Here to collect on Russia's debt
16 June 2022: In Episode 16 of Friends of Europe\u2019s Frankly Speaking Podcast\u2019s special on the war in Ukraine, host Tracey D\u2019Afters is joined by our Senior Fellow for Peace, Security and Defence, Paul Taylor and guest speaker Elena Daly, Independent Expert for Sovereign Debt. We discuss why Western sanctions may prevent Russia from using global financial systems to service its sovereign debt, and what impact that may have. If Russia cannot pay it would result in the first major default on foreign debt since the Bolshevik revolution over a century ago. And with the Ukraine economy suffering, how will their creditworthiness fare, and what should the West do to support it? \n\nTune in to find out what our speakers have to say.