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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

EurAsEC countries to set up anti-crisis fund

Posted on 10 June 2009

From Xinhua: Countries from the Eurasian Economic Community (EurAsEC) and Armenia on Tuesday approved a plan of joint measures, including the creation of a fund, to combat the ongoing global financial crisis.
The charter capital of the anti-crisis fund, which will be launched later this year, will be 10 billion U.S. dollars, Russian Prime Minister Vladimir Putin said. Russia will inject 7.5 billion dollars into the fund……..Full Article: Source


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