
The International Monetary Fund building in Washington DC. File photoWASHINGTON, Apr 22 Russia's sovereign debt is not large globally, but limited access to the world market could have a significant impact on its economy, the head of the European Department of the International Monetary Fund (IMF) said Friday ) Alfred Kammer. Thus, he commented on the possibility of a default in Russia. «Russia's sovereign debt is relatively small globally. This should have some cushioning effect in terms of stability. It will be difficult for the Russian government to gain access to the markets (of other countries), for this it will take time. This could have a significant impact on the Russian economy,» Kammer said, speaking at a briefing at the spring session of the IMF and the World Bank. >Russia is not in danger of default, said Nabiullina

