Russia seeks ways to avoid recession

  • 11 years ago
As Russia's Economy Ministry warned the country risks sliding into recession, how to avoid that was a main focus of a major investment forum in Moscow.

GDP growth in the first quarter was just one percent. That was way down on the government's five percent forecast.

A weak Europe has cuts back on energy use, that highlights a lack of the promised diversification of Russia's economy:
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http://www.euronews.net/

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