Central Banker Blames Capital Flight on Investment Climate

File Photo of Cash, Coins, Line Graph

MOSCOW, December 19 (RIA Novosti) ­ Russia’s unfavorable investment climate is a major factor behind huge capital flight from the country in recent years, Central Bank Chairman Sergei Ignatyev said on Wednesday. The Central Bank has carried out a comparative research of capital outflows in other countries to understand why capital is leaving Russia on such a large scale, the […]

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