Russia risks recession but sticks to fiscal rule:
Post# of 28526
Posted On: 04/17/2013 8:00:11 AM
Russia risks recession but sticks to fiscal rule: PM MOSCOW (Reuters) - Russia risks sliding into recession because of falling commodity prices and will consider stimulus measures, but the government will stick to its adopted fiscal rule, Prime Minister Dmitry Medvedev said on Wednesday. He made his comments following a recent cut in Russia's economic growth forecast by one third to 2.4 percent because of weaker exports, lackluster investments and slower consumer spending. ...
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