Russian President Vladimir Putin.
Russians with foreign-currency mortgages have written an open letter to President Vladimir Putin seeking help with repayments that have soared because of the rouble’s plunge, saying they were misled by banks.
The letter, published by the Vedomosti and Kommersant business newspapers on Monday, reflects discontent over the rouble’s slide and accelerating inflation following the fall in global oil prices and Western sanctions over Ukraine.
“We are the first to feel the shock from the economic sanctions and political intrigues of the West,” the letter read. “We are faced with answering to the banks with our lives for the risky …read more
Source: The Indian Express
