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RUSSIAN EXPANSION STYMIED BY LACK OF CAPITAL.
(From Market - Europe)
Russia's strong macroeconomic performance over the past few years has boosted consumer confidence but has done little to improve confidence among prospective foreign investors. Foreign investment levels remain very low compared with other nations of Eastern Europe and that will limit demand for capital goods
Russia has experienced an internal consumption boom of sorts, with household spending up 42 percent over the past two years. In response to that, some of the leading multinational firms have renewed their presence there after departing as a result of the 1998 ...
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