Cold not only reason Russia industry weak- dep min

Newswire

MOSCOW, March 24 (Reuters) - A dismal performance by Russian industry at the start of 2006 was partly due to a lack of competitiveness and cannot be blamed solely on an exceptionally cold spell, a Deputy Economy Minister said on Friday. "This fall is really worrying. It is not only the cold, it is also low competitiveness. It is a continuation of our illnesses that were in full flower last year," Andrei Klepach told reporters. Russian industrial growth slowed to a mere 1 percent in ...

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