Euro Crisis Forces Change On Russia

While the euro zone stands on the precipice of financial disaster, Russia looks on with a safely balanced budget, very little debt, a steady ruble — and a shudder of fear. Russia’s economy relies on oil — 60 percent of gross domestic product — and a deep recession in Europe would drastically slash demand and price, forcing major cuts in government spending and threatening to provoke widespread social protest.

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  • 'The euro, it's like heroin for Greeks': family deals with Greece's financial crisis four years on
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  • New Rome
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  • Regime change in Greece
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  • Are European authorities trying to force regime change in Greece?
    This has pushed Greece closer to a more serious financial crisis than the country has had in the ... in the world don’t want to see an economic collapse that forces Greece out of the euro. The European authorities are offering no future to Greece ...
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