Showing posts with label Russia's economy. Show all posts
Showing posts with label Russia's economy. Show all posts

Thursday, September 18, 2014

EBRD bank slashes outlook for Russian economy

London (AFP) - Russia's economy will contract next year as a result of the crisis with Ukraine, the EBRD development bank forecast on Thursday after slashing its prediction for growth.

Wednesday, March 23, 2011

Russia to Invest $10 Billion in Fund

MOSCOW—Russia will invest $10 billion in a new direct investment fund it is setting up to attract foreign investment in an attempt to help modernize the economy, a government official said Monday.

The Kremlin is betting that foreign investors will be more likely to invest in Russian business with the state as a partner, a possible safeguard against loss.