Russia?s ex Finance Minister and economic analyst Alexei Kudrin has predicted further recession and a worse debt crisis in the eurozone in 2012. He noted that the EU?s third largest economy Italy will be the next troublemaker.
He also doubted the efficiency of? a separate EU ratings agency as the existing ones are efficient enough though they sometimes give a delayed rating or change ratings at the most inappropriate moments.
IF, TASS
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Source: http://english.ruvr.ru/2012/01/19/64197255.html
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