Market Report, "Financial Cards and Payments in Russia", Published
Despite the fact that the Russian economy entered 2013 with high consumer confidence indicators, weakening demand for commodities in Europe, continuing slowdown of growth in China, as well as overall global uncertainty regarding further economic development, led to increased concerns about financial stability in Russia. This uncertainty in economic outlook is likely to have an effect on the overall development and stability of the Russian credit market. Moreover, the government, as well as...
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