European investors are waiting for the day, hopefully sometime in July, when Brussels axes sanctions on Russia. “I don’t think lifting sanctions changes things in the short term for the Russian economy, but for investor sentiment it will be absolutely massive,” says Martin Charmoy, managing director of Prosperity Capital Management, a $2 billion investment company whose entire fortune hangs in Russia.
Forbes: Russia sanction relief ‘will be massive’
People walk across Red Square, with the Kremlin's Spasskaya (Saviour) Tower (R) and St. Basil's Cathedral (L) seen in the background, in central Moscow. (Photo AFP)
