Are these debts to corporations or debts to states? If they are debts to states, I actually have a vague feeling that they could in fact use frozen assets to pay for those ‘particular’ debts. The purpose of freezing the assets is so that Russia is not free to spend them just anywhere, but I suspect they could be negotiated to use those funds as payment for outstanding national debts. That would all of course need to be negotiated behind closed doors, and I am certainly not an expert in international finance, so that’s just my two cents worth. Pure speculation.
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