russian companies put on brave face, but fear sanctions dearly

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fear sanctions

russia’s government held a number of meetings regarding the readiness to face sanctions for the invasion of Ukraine, thebell.io reported.

The meetings were held with the russian postal service, russian railroads, Aeroflot, and others to discuss the results of stress tests on a disconnection from SWIFT, a ban on the supply of Western software, servers, and other high-tech equipment.

“Everyone reported cheerfully, but in private conversations, they say it’s a disaster,” a source close to the russian government allegedly said.

russian banks will “definitely have a problem with refinancing their external debt,” another source said.

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