Siluanov's words are quoted on the website of the Ministry of Finance.

“There is every reason to believe that the creation of artificial barriers for the Russian Federation to service the state external debt is necessary in order to hang the label “default”.

You can declare anything and try to hang a label.

But everyone who understands understands that this is not a default,” Siluanov said in response to a question about the West’s policy towards servicing Russia’s public debt.

He noted that the current situation "looks like a farce."

“And most importantly, the goal of bringing the situation to the point of absurdity is incomprehensible,” Siluanov concluded.

Earlier, Russian President Vladimir Putin signed a decree establishing a temporary procedure for payments on Eurobonds.

It is clarified that obligations under government Eurobonds will be considered fulfilled after payment in rubles.