MOSCOW (AFX) – Standard & Poor’s Ratings Services said it might consider an outlook change or a downgrade of its sovereign rating for Russia if the OAO NK Yukos affair causes major outflows of capital and a downturn in economic activity. “Although we do not expect it at this point, if the Yukos affair leads…
RUSSIA: S&P says Russia may be downgraded if Yukos affair causes capital outflows
Posted on November 14, 2003 by EnergyAsia