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A Russian Fire-Sale Privatization?

According to Sergei Guriev, a Professor of Economics at Sciences Po and incoming chief economist of the European Bank for Reconstruction and Development, Russia may be considering a “fire sale” privatization of state assets, “including ‘crown jewels’ such as Rosneft (Russia’s largest oil company), the diamond monopoly Alrosa, and the flagship airline Aeroflot.”

Source: Project Syndicate