China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

The money network:

The money network:

Why crowdfunding threatens traditional bank lending

February 2006

CIS: Raiffeisen looks to sell stake in RosUkrEnergo

by Julian Evans

An IPO is one way to head off fallout from the region’s gas dispute.


Russia’s president Vladimir Putin finally came to an agreement over the gas dispute with Naftogaz’s Oleksiy Ivchenko in January
Raiffeisen officials have said they are concerned about the publicity risk attached to RosUkrEnergo, the opaque company that found itself at the centre of the gas dispute between Russia and Ukraine at the beginning of the year. They are planning an exit route via an IPO this year.

RosUkrEnergo is an intermediary between Gazprom and Naftogaz Ukraine. It is 50% owned by Gazprom and 50% by Raiffeisen Investment AG (Riag). Raiffeisen says it is just the nominal owner for Russian and Ukrainian business interests.


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