The European crisis and Russia

Pages: 82-88

Author:

Lyubsky M.S.

PhD in Economics Place of work, post: Institute of Economics, Leading Researcher

Abstract:

The article deals with the causes of the European crisis, its features and infl uence on the world banking system. The consequences for the Russian economy, necessary measures for its deoffshorization and reducing capital flight are considered.

Keywords:

Financial capitalism, debt crisis, eurozone, devaluation, recession, off shore, deposit, direct investment, portfolio investment.