Cash crisis hits glasnost paper
Thursday 25 May 1995
Nezavisimaya Gazeta (The Independent), which has been become strongly critical of President Boris Yeltsin, said it planned to set up a joint stock company in hopes of resuming operation and announced a subscription for its stock. A spokesman for the Gorbachev Foundation, the former Soviet president's think tank, said: "We think Russia needs Nezavisimaya and the Gorbachev Foundation without any doubts will give some financial support to the newspaper." AP
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