Date: 5 months ago   Category: Economy

Oreshkin: Russia expects deterioration in a financial position of the EBRD - RIA Novosti, 5/10/2017


Minister of Economic Development of the Russian Federation Maxim Oreshkin. Archival photo
NICOSIA (Cyprus), on May 10 — RIA Novosti. Russia expects deterioration in a financial position of the European Bank for Reconstruction and Development (EBRD) and won't participate in his recapitalization if she is required, the Minister of Economic Development of the Russian Federation Maxim of Oreshkin.© of Flickr/European Bank for Reconstruction and Developmentekonomist has declared: in the EBRD concerning Russia now everything works "not so" "We expect that within several years the financial situation of bank considerably will worsen as from the point of view of quality of assets, and ability to generate revenue" — he has told at a briefing following the results of an annual meeting of board of governors. "We also emphasize that we have no intention to participate in recapitalization of bank when it is required" — he has added.

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