News

Stability still eludes former Soviet countries

14/11/2001

Countries formerly part of the Soviet Bloc are struggling to curb inflationary pressures in their fledgling economies according to recent figures. Figures for January – September, 2001 from the Statistics Committee of the Commonwealth of Independent States (CIS) suggest that inflation is rampant in Belarus and uncomfortably high in Russia while some areas, such as the Baltic countries, have managed to achieve some stability.

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