Author (Person) | Belton, Catherine, Wagstyl, Stefan |
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Series Title | Financial Times |
Series Details | 5.2.09 |
Publication Date | 05/02/2009 |
Content Type | News |
Article reports that Russia signalled a change in its policies to fight the financial crisis on the 4 February 2009, indicating that it would switch from bailing out individual companies to supporting the economy through the banking sector. Moscow also plans huge budget cuts in an attempt to limit its fiscal deficit – rejecting pressure to follow the US and other western countries to try to stimulate the economy with a big boost in public borrowing. |
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Countries / Regions | Russia |