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Strategies & Market Trends : Investment in Russia and Eastern Europe

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To: Real Man who started this subject6/9/2004 6:21:12 AM
From: Copperfield   of 1301
 
Deputy PM speaks about state role in economy

RosBusinessConsulting. Wednesday, Jun. 9, 2004, 12:29 PM Moscow Time

The level of government intervention in the economy has decreased considerably over the last few years. Russian Deputy Prime Minister Alexander Zhukov made a corresponding statement at a board meeting of the Russian Federal Antimonopoly Service. In particular, according to Zhukov, the number of licensing types of activities has been reduced and enterprises, where the government has its stake, have been privatized. "Those de-monopolization measures, which have already been taken in the railway transportation and the electrical power industries, have resulted in a considerable increase in investments and improved the quality of services," Zhukov said.
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