![]() | 2011-10-06 14:55:50 Russia is preparing for a new wave of large-scale privatisation. This is largely evident in the financial scope of the measures planned to come in the near future. Among these is the withdrawal of State control from some of the nation’s largest companies and banks. This move is due to be followed by the sale of a number of companies that were previously considered to be inaccessible to private owners. Although the results of the first phase of privatisation of the 1990s with its universal ‘voucherisation’ and ‘loans for shares’ are considered to be disappointing and – with good reason – very doubtful, Russia is currently entering its second phase of privatisation. |
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