Russia’s regions threaten to become an Achilles’ heel
(Business New Europe – bne.eu – Ben Aris in Moscow – May 8, 2014) Russia’s economy is slowing dramatically, but the pain is not evenly spread. While a few Russian regions are making rapid progress and modernising, the bulk are getting into deep financial trouble. “Since the 2009 financial crisis, the Kremlin has allowed Russia’s regions to take the brunt […]
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