Repudiation of debt at the Russian Revolution II, the last Emperor of Russia, was forced to sign his abdication and the end of the Russian Imperial Government and of the Romanov dynasty. The new government decided to continue the war, which meant more military spending. To increase budget revenues, a state monopoly was introduced on the sales of sugar, tea, matches, tobacco, and other consumer products. Still, the printing press remained the main source of revenues. This was a period of hyperinflation. The Provisional government was overthrown on October 24, 1917, and the Soviet government was created. The amounts of payments in default were enormous. Russian debt
Imperial Russian Army the Austro-Hungarian province of Galicia. The first ended in a Russian defeat by the German Empire in the Battle of Tannenberg (1914). In the west, a Russian Expeditionary Force was dispatched to France in 1915. Amid the Russian Revolution of 1917 the Imperial Russian Army collapsed and dissolved. The rebellious remnants of the Imperial army evolved to became part of the new Red Army. Imperial Russian Army The Imperial Russian Army () was the land armed force of the Russian Empire, active from around 1721 to the Russian Revolution of 1917. In the early 1850s, the Russian army consisted of