Nikolaev: Russia lost trillions of roubles over New Year

Igor Nikolaev, an economist, claims that Russia had lost 1-2 trillion roubles (10-20 billion British pounds) over the New Year holidays. “The country hasn’t worked in over 10 days”, he says, and “undoubtedly, the fact that the country can allow itself to not work for 11 days is not normal”. He proposes that the long holidays should be cancelled, although states that on the background of an economic crisis it would not be a good idea.


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