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Russia: Economic Growth Below Expectations

Published: April 8, 2013; 11:20 · (Vindobona)

The Russian economy is flatlining. The government and the Central Bank of Russia (CBR) blame each other for the current state of affairs.

Russia: Economic Growth Below Expectations / Picture: © Flickr

Young entrepreneurs and SMEs are facing increasing difficulties starting and maintaining business due to factors like corruption, bureaucracy and too few loans granted. For most young persons the dream of a successful business strategy remains a dream or they have to declare insolvency only shortly after having started. The number of abandoned businesses has reached a new all time high.…

This article includes a total of 448 words.

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