Russian regions on the border insolvency – Dziennik.pl

The Russian media, citing expert analysis of the Higher School of Economics, revealed among other circuits Smolensk, Kostroma and Amur. insolvent are also to be the Republic of Mordovia and Udmurtia, as well as Chukotka.

However, as stressed by the daily “Vedomosti”, in the current political situation bankruptcy regions is Russian impossible. At the same newspaper it adds that in many regions will require drastic cuts in social spending. In the opinion of experts, the only way to stabilize the fiscal position.

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