World Cup to Have Little Impact on Russia’s Economy: Rating Agency
A general view shows the Rostov Arena, with the official mascot for the 2018 FIFA World Cup Zabivaka seen in the foreground, in Rostov-on-Don, Russia May 12, 2018. Reuters/Sergey Pivovarov
MOSCOW—The 2018 soccer World Cup will have little lasting impact on the Russian economy, Rating agency Moody’s Investors Service said on Thursday.
Russia will host the world’s biggest soccer tournament from June 14 to July 15 in 11 cities in the European part of the country, having spent billions of dollars on preparations.