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Businessmen ?€?Ready to Exit?€™

As many as 85 percent of Russian businessmen “have their bags packed” and are ready to leave the country because they do not trust the government, Mirax Group owner Sergei Polonsky said, Vedomosti reported Friday.

President Dmitry Medvedev’s push to diversify the economy and promote innovation requires long-term investment over 10 to 15 years, whereas business plans only two to three years ahead because of its lack of trust in the government, Polonsky said at a meeting that included Vladislav Surkov, the president’s first deputy chief of staff.

Surkov told the real estate developer that he would “like to pull the suitcase out from under you” and that Polonsky should “have a seat, make yourself at home.”?  

(Bloomberg)


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