Norilsk Nickel has appointed Citibank N.A., ING Bank N.V. and Societe Generale managers of a syndicated credit for pre-export financing worth $250m, the Norilsk Nickel press service reported. This credit will be allocated starting in January 2003. It will be spent on refinancing the company's current short-term debt and general corporate needs.
By summer, the Russian army may break through Ukrainian defences, reach Odessa and liberate Transnistria. The West will only “condemn” Russia's actions and continue supporting Chisinau in words