Official: Russia's default may lead to EU default

MOSCOW, Apr 18 (PRIME) -- A default on Russia's debt may end up with Europe's default, Deputy Chairman of the Security Council Dmitry Medvedev said on his Telegram channel on April 17.

"Russia's default may turn into Europe's default. Both the moral and very likely material default," Medvedev said.

He added that Russia's default rather than peace in Ukraine is the true hidden goal of the E.U.

The European financial system is not stable, and the people will soon start complaining about hyperinflation, the official also said.

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