RUSSIAN SECURITY MARKET SURVIVED AND BEGINS TO BOOST.
Published:
9 July 1999 y., Friday
The Russian securities market has not only survived economic crisis, it_s begun to develop - fast, reports The Wall Street Journal. "After the most dreadful forecasts in respect to the future of Russia, affected by the August 98 financial collapse, had proved to be false, the markets of this country began to show signs of life," the Journal says. "The total sales volume at Moscow stock exchanges already reaches $50 million. And though the Russian securities market remains insignificant in comparison with Europe_s, statistically it is still among the most profitable world markets." The main source of optimism, according to the Journal, is the fact "Russia has survived." "The government did not return to a totalitarian economy; there is no sign of nationalization; and the IMF seems to be ready to provide the first tranche of the promised $4.5 billion credit," the newspaper says.
Šaltinis:
Independent Media
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
New rules for the EU's single market will make it easier to live and do business anywhere in Europe.
more »
MEPs were disappointed that the Commission's EU budget review document had not sought the radical revision that the EU needs, they told Budgets Commissioner Janusz Lewandowski in a Policy Challenges Committee debate on Thursday.
more »
On 25 October, the Commission adopted the decision to financially support the 2011 electoral process in the Central African Republic.
more »
New EU framework for crisis management in the financial sector for managing problems before they spiral out of control.
more »
The financial crisis laid bare the limits of self-regulation, demonstrating the need for strong EU economic governance, surveillance and policy co-ordination, say two non-legislative resolutions voted by Parliament on Wednesday.
more »
The European Commission has approved an application from Germany for assistance from the European Globalisation adjustment Fund (EGF).
more »
Global and EU- level taxes on financial sector would help to fund international challenges such as development or climate change and fix the fallout from the global economic crisis.
more »
The European Investment Bank and African Development Bank today agreed to provide EUR 45m to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago.
more »
MEPs want future EU budgets to accommodate new policy priorities as well as negotiations on new sources of financing.
more »
The European Parliament's Budgets Committee on Monday backed EU funding for 3,731 workers in Portugal, the Netherlands, Spain and Denmark who were made redundant due to the closure of their companies.
more »