21 Apr 2011 12:24

Quickening oil-price growth will weigh Russian economy down - Kudrin

MOSCOW. April 21 (Interfax) - Further quickening of the pace at which oil prices are rising will have a damping effect on Russia's economy, Deputy Prime Minister Alexei Kudrin, who is also the country's finance minister, said.

"Such oil-price growth will depress the economy even more now," Kudrin said at a meeting of the Russian Union of Industrialists and Entrepreneurs (RUIE).