[lbo-talk] Russia begins bailout of real estate, retail

uvj at vsnl.com uvj at vsnl.com
Thu Oct 23 18:51:07 PDT 2008


UPDATE 1-Russia begins bailout of real estate, retail http://www.reuters.com/article/BANKSL/idUSN2131688320081021?sp=true

Tue Oct 21, 2008

(Adds quotes, details, share prices)

By Dmitry Zhdannikov and Anastasia Onegina

MOSCOW, Oct 21 (Reuters) - Russia pledged support to the most leveraged and crisis-hit sectors of the economy on Tuesday, including real estate and retail, sending shares in several of its London-listed firms up sharply. The Kremlin's top economic aide, Arkady Dvorkovich, said the government would purchase apartments from developers to support the domestic real estate sector. http://www.reuters.com/article/BANKSL/idUSN2131688320081021?sp=true



More information about the lbo-talk mailing list