Russia to become a second Greece

The growth rate of Russia is currently only 2%.In another 10 years this growth rate could not be achieved. Hence Russia would become another Greece was stressed by the Chief developing bank, Renensace Capital had reported
In this context the government intends to increase the rates on loans and the economic growth rate as at the 1^st quarter has shown as only 1.6 %.The reasons had been for this had been that investments have fallen and the increase in consumer demands and the decrease in the demand from outside...............

According to the high officials of Renensace capital this had been the cause for the central loss of income. This increase is shown in developing countries. When a country gets profits it is natural for the efforts to be diminished.
The economic specialists say that when per capital amount of US$ 16000 is reached this is the tendency. At present this figure in Russia stands at US$ 16,016.Several counties have had to face this situation in the past decades.