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10-, and 50-copeck coins features a relief image of Saint George the Victorious on horseback slaying a dragon with a spear with the inscription ‘БАНК
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Financial standing of a number of highly leveraged companies has been worsening. Export-oriented industries are facing a decline in revenues caused by a contraction in
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a sustainably high pace. This has triggered a decline in the share of income spent on loan servicing.
At the same time, there is a
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the real sector edged down amid a slowdown in economic growth and still high interest rates. Nevertheless, companies maintain a sufficient safety cushion. The situation
DEFAULT SWAP (CDS)
A financial instrument enabling a buyer to insure against a certain credit event (e.g. a default) related
to a third party
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down as a result of tight monetary policy pursued by the Bank of Russia.
In the future, the economy will be expanding at a balanced
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Valery Kazarin
Valery Kazarin
Born on 7 April 1987 in Tambov.
Education
2008: graduated from the Tambov State Technical University with a degree in computer-aided
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Order of the Red Star School named after General of the Army A.V. Khrulev.
2009: graduated from the Military Financial Economic Academy of the
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Philipp Gabunia
Philipp Gabunia
Born on 13 December 1980.
Education
2003: graduated from the National Research University Higher School of Economics with a degree in
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1997: graduated from the Lomonosov Moscow State University, Faculty of Economics.
2005: a degree from the New Economic School.
Career
2005–2008: Economist, ZAO Deutsche