Contents tagged with Moody's

  • Financial Ombudsman: Moody's 'junk' rating for Russia is reasonable

    The financial ombudsman of the Russian Federation, Pavel Medvedev, has declared that he doesn't see prospects for growth of the Russian economy any time soon. In his opinion, the "junk" rating assigned by Moody's agency is not politicized and therefore is quite reasonable.

    Medvedev explained his position in an interview with the Govorit Moskva radio station.

    "It is considered that their ratings are politicized, but it seems to me that this opinion isn't very reasonable. The matter is that …