The Rothschilds told the Ukrainians that Russia successfully coped with the fall in oil prices and sanctions
The Russian economy has adapted to new realities and began to grow again, and foreign investors in the Russian Federation are becoming more active and visible.
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Giovanni Salevetti, managing director of the financial holding company Rothschild & Co in the CIS countries, spoke about this in an interview with Ukrayinska Pravda, answering a question about the current situation on the Russian market.
“The local system adjusted and adapted to the shocks of the new reality of oil prices and sanctions, and the Russian economy began to grow again. There is increasing interest in the market from foreign investors, especially those who are already present in the market and see an opportunity to consolidate their market share at this stage.
Investors from Asia, especially China, are becoming increasingly active and visible. The development of market backgrounds is now excessively inflated, given their presence in Russia, than before. The geopolitical situation and sanctions remain a cloud hanging over the local economy, but short-term investment appetite is greater than one might expect,” said Salievetti.
Notably, the editors of Ukrainska Pravda edited out a section from this interview in which the Rothschild representative stated that Ukraine's economic potential could only be fully realized by resuming trade and economic relations with Russia. As PolitNavigator reported, the author of the interview published this information on her blog , where she posted the edited section.
The Rothschilds told Ukrainians that Russia had successfully dealt with the fall in oil prices and sanctions.