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.

Topics:  russia s   europe   read   russia   
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  • Euro crisis forces change on Russia
    MOSCOW — 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 ...
    07/21/2012 - 12:02 pm | View Link
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    06/7/2012 - 8:12 pm | View Link
  • Euro crisis: Can Germany change course?
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  • Change and Crisis: North America on the Eve of the ...
    Christopher L. Miller is an associate professor of history at the University of Texas-Pan American. He is the author of Prophetic Worlds: Indians and Whites on the ...
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