Skip to footer

G-7 meet on Russia

  • By Associated Press

FINANCE ministers from the Group of Seven nations will be looking for signs of renewed Russian commitment to a free-market economy when they meet Saturday. The G-7 nations are concerned with Russia's inflation rate and worsening budget deficit, says Henning Christophersen, economics chief of the European Union. At stake are the billions of dollars in assistance that Western nations and financial institutions have pledged to help Russia revamp its economy. The International Monetary Fund has imposed stiff economic conditions on Moscow before it will release the $1.5 billion in assistance.

You've read 3 of 3 free articles. Subscribe to continue.
QR Code to G-7 meet on Russia
Read this article in
https://www.csmonitor.com/1994/0224/24083.html
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe
CSM logo

Why is Christian Science in our name?

Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that.

The Church publishes the Monitor because it sees good journalism as vital to progress in the world. Since 1908, we’ve aimed “to injure no man, but to bless all mankind,” as our founder, Mary Baker Eddy, put it.

Here, you’ll find award-winning journalism not driven by commercial influences – a news organization that takes seriously its mission to uplift the world by seeking solutions and finding reasons for credible hope.

Explore values journalism About us