MOSCOW, 21 Jan - RIA Novosti/Prime. The Russian Federation can be protected of a downgrade to non-investment grade, said on Wednesday a former Finance Minister Alexei Kudrin.

along with this, the country's leaders must take decisive measures to prevent the lowering of the sovereign credit rating of the Russian Federation to "junk" and to spur economic growth, said Kudrin Bloomberg.

according to him, the resolution drops to Eastern Ukraine by the end of January also can prevent the lowering of the rating, and if the decline continues it will be difficult to defend.

Russian ratings from the three leading international rating agencies are now at the lowest levels of investment categories. Chart investment category, unlike the speculative (junk ), means securities of the Issuer are considered to be reliable from the perspective of return investors money.

Rating Agency Fitch on January 9, downgraded chart Russia to "BBB-" with a negative prediction. Moody's downgraded the chart of Russian government bonds to "Baa3" last week. S

sections: Politics