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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Eurasian fund against crisis

Posted on 05 February 2009

From Plenglish.com: A joint $10 billion anti-crisis fund is atop the agenda of the leaders of the Euro-Asian Economic Community in Russia. Russian Presidential Advisor Serguei Prijodko says the EAEC project will help soothe the effects of the global economic and financial crisis started in the US.

The fund will grant sovereign loans and stabilization credits, fund commercial operations with the EAEC and help effect inter-state investments, says the official….. Full Article: Source


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