Putin Cuts Pensions

By Erin Mundahl
Published May 31, 2016 8:11pm ET
Add Washington Examiner on Google
Putin Cuts Pensions
Workers and retirees in Russia will likely need to tighten their belts given recent news on the state of the country’s economy. “Labor in Russia is now cheaper than in China.” That’s the startling statement by Mikhail Matovnikov, chief analyst at Sberbank, Russia’s largest bank. Speaking at a presentation to shareholders last week, Matovnikov revealed […]

Workers and retirees in Russia will likely need to tighten their belts given recent news on the state of the country’s economy.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

Blog ERIN MUNDAHL Russia TWS Archive