According to Pravo daily, ECM’s CITY project requires more permits as the Ministry of Transport cancelled planned widening of the main route close to the project due to lack of technical and construction norms. Our view: We see this news as neutral and expect that in the new permitting process the planned widening of the main route will be approved as it is important to make the ECM’s office and retail flagship project successful. We believe that this is only technical issue and doesn’t represent any serious threat. Only because of CITY project attracts lots of journalists’ attention and is interesting topic for citizens this kind of news appeared in the local press.