MOSCOW CITY AUTHORITIES TIGHTEN CONTROL ON LIQUOR SALES.
Publication: Monitor Volume: 1 Issue: 26
In order to improve tax collections, the city government of Moscow has ordered that all liquor be sold through state-owned stores, Moskovsky komsomolets reported June 3. The program is likely to backfire: most retailers will ignore it, and many foreign investors will see in this decree yet another source of unpredictability in the Russian market.
Savings Bank Won’t Privatize Until 2000–And That May Be a Good Thing.