Tuesday, 27 January 2015

In Russia, crisis deepens slide in living standards for pensioners


Customer visits the fish department of a hypermarket of French grocery retailer Auchan in Moscow By Elizabeth Piper MOSCOW (Reuters) - For Boris Lisitsyn, Russia's financial crisis means less meat, cheese and sausage - hardships the 86-year-old says won't kill him anytime soon. Russia's pensioners were once seen as "people we just needed to support" one government official said. Their loyalty is now being tested by a financial crisis triggered by low oil prices and Western sanctions imposed on Russia over Ukraine.








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