Business World Magazine: Russia: Econ ministry sees freezing of pensions bad sign

Business World Magazine

30.09.2016

Russia: Econ ministry sees freezing of pensions bad sign

The prolongation of a freeze of the accumulative part of Russian pension savings into 2017 will mean abolishment of this system, which is a bad sign for the market and citizens, and the Economic Development Ministry offers a partial unfreeze of the pensions, Deputy Minister Oleg Fomichyov announced

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