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Putin blames internal reason for economic slowdown

English.news.cn   2013-12-12 16:50:57            

MOSCOW, Dec. 12 (Xinhua) -- Russia's sluggish economic growth is caused mainly by domestic reasons not global crisis, President Vladimir Putin said Thursday in his annual State of the Union address to the parliament.

According to him, the main cause hampering Russian economy is its low labor productivity.

Related:

Putin says Russia will upgrade its weaponry

MOSCOW, Dec. 10 (Xinhua) -- President Vladimir Putin said Tuesday the share of modern weaponry in Russia's armed forces would reach 30 percent in 2014 and urged the military to stay alert for threats and challenges.

The armed forces would receive more than 40 inter-continental ballistic missiles, 210 warplanes and helicopters, and more than 250 armored vehicles in a year, Putin said at an expanded meeting of the Defense Ministry Board.  Full story

Editor: Hou Qiang
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