Russia market is more attractive for foreign investors
Mar 27, 2002
Analysts with the international "Economist Group" believe that the Russian market is more attractive for foreign investors. Their report was published in Austria.
Daniel Thorniley, the Economist Group leading analyst, thinks that though there are sings of corruption in Russia--the Russian authorities don't deny the fact--he wouldn't place Russia on the same footing with the world's most corruptive countries. Moreover, he can name about 40 foreign companies in Russia that think that credibility between partners is the highest in the world.
Economist Group analysts predict that the growth of the Russian GDP will be 4 % this year, 4.2 % in 2005, the inflation rate will be 15% and 10% respectively.
According to them, the exchange rate of the rouble against the US dollar will be 33.8 in late 2002 and 39 - in December, 2005.
As the Economist Group analysts note, Russia has been showing political stability of late and there won't be any unexpected events in the near future.
Daniel Thorniley, the Economist Group leading analyst, thinks that though there are sings of corruption in Russia--the Russian authorities don't deny the fact--he wouldn't place Russia on the same footing with the world's most corruptive countries. Moreover, he can name about 40 foreign companies in Russia that think that credibility between partners is the highest in the world.
Economist Group analysts predict that the growth of the Russian GDP will be 4 % this year, 4.2 % in 2005, the inflation rate will be 15% and 10% respectively.
According to them, the exchange rate of the rouble against the US dollar will be 33.8 in late 2002 and 39 - in December, 2005.
As the Economist Group analysts note, Russia has been showing political stability of late and there won't be any unexpected events in the near future.