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Wednesday, June 15, 2005

Capital Flight from Russia Reaching $100 Bln

Capital Flight from Russia Reaching $100 BlnBRIEFLY 15.06.2005 17:18 FC Info News - Capital flight from Russia over the past four years has reached $100 bln. Fitch Ratings, which produced this sum, claims that capital flight is caused by the threat of expropriation of the companies’ funds. Companies do not just export capital that could have been used to develop their business in Russia but also replace it with external financing, the agency’s report says.

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