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Soviet Foreign Economic Relations Bank

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BUSINESS
November 6, 1991 | KAREN TUMULTY, TIMES STAFF WRITER
Amid reports that the Soviet Union may be on the brink of running out of hard currency to make debt payments, representatives of the West's leading industrial powers will meet in Paris today to discuss options for dealing with a potential liquidity crisis, sources said Tuesday.
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NEWS
November 30, 1991 | CAREY GOLDBERG, TIMES STAFF WRITER
The Soviet state bank has run out of money, and the massive machine of Soviet government could grind to a halt unless Parliament unblocks new budget allotments, the bank's chairman asserted Friday. Victor V. Gerashchenko, chairman of Gosbank, told Soviet television that his staff had gathered to calculate how much was left in the treasury, and "we came to the conclusion that . . . there was no money left in the bank."
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NEWS
November 30, 1991 | CAREY GOLDBERG, TIMES STAFF WRITER
The Soviet state bank has run out of money, and the massive machine of Soviet government could grind to a halt unless Parliament unblocks new budget allotments, the bank's chairman asserted Friday. Victor V. Gerashchenko, chairman of Gosbank, told Soviet television that his staff had gathered to calculate how much was left in the treasury, and "we came to the conclusion that . . . there was no money left in the bank."
BUSINESS
November 6, 1991 | KAREN TUMULTY, TIMES STAFF WRITER
Amid reports that the Soviet Union may be on the brink of running out of hard currency to make debt payments, representatives of the West's leading industrial powers will meet in Paris today to discuss options for dealing with a potential liquidity crisis, sources said Tuesday.
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