Friday, 20 September 2013
Future bankruptcy of regions
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Sums of debts of some territorial subjects of the Russian Federation before banks are so great that mass media predict bankruptcy to these regions in the near future. Despite it, municipal authorities continue to take credits.
According to the Ministry of Finance of the Russian Federation, as of August 1, 2013 leaders on a public sector debt among regions of Russia became: Moscow — 176 billion, Nizhny Novgorod Region — 42 billion, Saratov region — 40,8 billion, Kemerovo region — 32,4 billion, Krasnoyarsk Krai — 31,4 billion.
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