New Russian president Vladimir Putin is waving the reform banner but there are fears that the problems of Russia’s beleaguered banks are going to be swept under the carpet.
Putin’s economic reform programme, being drawn up by economics strategy minister German Gref and a clutch of liberal thinkers at the Centre for Strategic Planning, is being hailed as one of the most radical plans Russia has ever seen.
But the plan is expected to dodge the problems facing the banking sector, according to Moscow sources close to the team.
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