June 15, 2018 / 4:17 PM / 3 months ago

BRIEF-Fitch Says Some Russian Local Governments Might Lose On World Cup

June 15 (Reuters) - Fitch Ratings:

* FITCH SAYS SOME RUSSIAN LOCAL GOVERNMENTS MIGHT LOSE ON WORLD CUP

* FITCH SAYS SOME RUSSIAN REGIONS ARE NOT FINANCIALLY CAPABLE OF MAINTAINING 2018 FIFA WORLD CUP FACILITIES IN LONG RUN AND THIS COULD BECOME CREDIT RISK

* FITCH SAYS INFRASTRUCTURE, ESPECIALLY ROADS, AIRPORTS, CONSTRUCTED FOR WORLD CUP SHOULD IMPROVE RUSSIA’S ECONOMIC GROWTH POTENTIAL

* FITCH SAYS RUSSIAN LOCAL GOVERNMENTS ARE ONLY LIKELY TO SEE SMALL REVENUE INCREASES FROM 2018 FIFA WORLD CUP Source text for Eikon:

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