Investment in Russia and Eastern Europe Message Board

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Strategies & Market Trends : Investment in Russia and Eastern Europe

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To: Real Man who wrote (469)	8/20/1998 4:22:00 PM
From: Ptaskmaster	Read Replies (1) of 1301

Ruble devaluation has certainly pushed Mother Russia into a period of increased political instability, with dire consequences perhaps sooner than later? Currently, the traditional right-wing communist regime needs only to block the Yeltsin governments' financial restructuring efforts in the Duma for a few weeks. Could that then trigger an IMF refusal to pay the next installment of 4.3 billion? If that happens, how likely is it to further destabilize the country, and to possibly result in a return to a communist lead government? Ptask

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