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Russia will better weather new wave of economic crisis – Medvedev
11.11.2011 08:17 "Agro Perspectiva" (Kyiv) —
Russia is better prepared to cope with another likely wave of the world economic crisis than in 2008, when the Globe’s leading nations suffered heavily, said the Russian President Dmitry Medvedev when talking with reporters in the city of Khabarovsk, in the Russian Far East.
He said he was moderately optimistic about the world financial situation, but more so concerning Russia.
The President said this country has reached the pre-crisis income level, while the figures for unemployment are a lot better than in many other countries.
He said this year saw the lowest rate of inflation on new Russia’s record, 7%.
The Russian leader feels that efforts should be made shortly to make the Russian economy less dependent on hydrocarbons, which will call for developing industrial production. Source: IF.
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