MOSCOW, December 1 (RIA Novosti) Russia...
the tiniest signs of improvement after a long series of bad news," the analyst said.The business leaders surveyed by Vedomosti sounded cautious. There are no reasons for optimism, and the markets have not revived, said Vladimir Tomayev, managing director at KMA Ruda metals company.
The situation has stabilized, although many problems remain unsolved, such as high loan interest and administrative pressure, which impede recovery, said David Yakobashvili, chairman of the board of the Wimm Bill Dann food giant. On the other hand, the U.S. and European economies are recovering and are bound to pull Russia out in the end, he added.
"There are no fundamental improvements so far. We all just hope for the best but prepare for the worst," said Nikolai Vlasenko, a co-owner of Moscow-based Viktoria retailer.
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