: :inin Kyiv (EET)

Putin’s bailout bank needs 1.3 trillion rouble rescue


FOR years, Russia President Vladimir Putin used Vnesheconombank (VEB) to pay for “special projects”, from the Sochi Olympics to covert acquisitions in Ukraine to oligarch bailouts. Now, the state bank needs a rescue of its own and it could be the Kremlin’s costliest yet. …read more

Source: The Business Times

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