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Half of Europe’s millionaires are Russian

Posted by Matt in June 28th, 2008 | no comment 
Published in Economy, Russia, , , , , , , , , , , ,

The number of rich individuals in Russia grew by 14% last year - more than twice the global average. Merrill Lynch says this was fuelled by increased market capitalisation, rising direct foreign investment, strong consumer demand and soaring energy prices.
Jean-Marie Deluermoz of Merrill Lynch said: “The conclusion of our findings this year is that in [...]

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