EBRD unveils plan to invest more in Russia

Article Abstract:

The European Bank for Reconstruction and Development plans to triple its investments in the Russian economy, raising them up to 750 million Euros. Parliamentary elections, won by the democrats, and an early presidential election, increase the likelihood for Russian stability and make investors optimistic.

Use of Funds, Statistical Data Included, Brief Article, European Bank for Reconstruction and Development

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Detention of tycoon jars Russia business

Article Abstract:

OAO Yukos major shareholder Platon Lebedev has been arrested by Russian police for charges that the tycoon stole shares from a fertilizer plant. However, Lebedev's arrest has strained relations between Russian big business and the government.

Legal issues & crime, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Legal/Government Regulation, Company legal issue, Cases, Stockholders, Petroleum industry, Natural gas, Petroleum, Gas industry, Investor relations, OAO NK Yukos, Lebedev, Platon

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Uneximbank near debt deal with creditors

Article Abstract:

Uneximbank is near reaching an agreement on the restructuring of its financial debt. The bank is restructuring approximately $2 billion (1.91 billion euros) in debt.

ONEXIMbank

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