New Market Report Now Available: Consumer Lending in Russia
Russia was seen to defy expectations in recent years, as it posted good levels of growth in the aftermath of the financial crisis. Although Russia entered 2013 on a relatively positive note compared to many of its European counterparts, the country's ongoing overdependence on raw commodity exports once again proved a hindrance to economic progress, as oil prices declined in the face of waning economic conditions globally. In addition, mid-2012 saw the introduction of postponed utility hikes,...
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