EBRD Sees Solid Russian Growth, THE MOSCOW TIMES

From: The Moscow Times (Russia) | Date: November 21, 2001| Author: | Copyright information

Victoria Lavrentieva
The Moscow Times (Russia)
11-21-2001
Russia will see strong economic growth this year and next, but key
reforms in energy and banking must be implemented for the country to see
extended growth, the European Bank for Reconstruction and Development said
Tuesday.
The EBRD, in its annual Transition Report on Russia and 26 other
countries in the former Soviet Union and Eastern Europe, also said that
more than $300 billion would probably need to be invested in the Russian
and Caspian oil and gas industries over the next 10 years.
Echoing other recent rosy economic forecasts for ...

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