RUSSIA TODAY: Russia’s Communist Party faction has submitted a bill on nationalization to the lower house of parliament.The legislation concerns the nationalization of companies that were privatized during the 1990s. Communists have always condemned the process of giving the state assets to individuals, many of whom turned into so-called oligarchs.
Observers say the Communists are trying to use their populist “trump card” now as they have started preparations for parliamentary elections scheduled for December. At the same time, the government is now launching another large-scale privatization campaign.
The Communist Party of the Russian Federation (CPRF) proposes that the state returns businesses that were “unfairly” privatized. But they support compensation of expenses to current owners after “the assessment of assets at the moment of privatization.” » | Friday, March 25, 2011
