As follows from the agency's presentation, these risks include: a possible tightening of Western sanctions, an imbalance in macro policy and internal political volatility.
According to Karen Vartapetov, leading S&P analyst on the sovereign ratings of the CIS countries, extreme measures by the United States, for example, a ban on trading in sovereign debt in the secondary market, should not be expected.
The baseline scenario is selective restrictions against individuals, non-systemic banks and non-energy companies, he noted.
Earlier it was reported that Russia's GDP in January fell by 2.4% in annual terms.
According to the Central Bank, the growth of the country's economy in 2021 will be in the range of 3-4%.