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Hosp, Gerald
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2 articles of this author have been cited in the European Press Review so far.
Reforms secure the market
As Russia's biggest foreign investor Germany should push for constitutional reforms in the country, writes the conservative daily Neue Zürcher Zeitung following the German-Russian government consultations in Yekaterinburg: "The Russian agenda for improving the infrastructure and modernising the plants seems perfect for German companies. We hear time and again that lighthouses, high-profile projects with political backing, are lacking. In Russia symbols are important and the state plays an important role in the economy. But what determines success or failure in the long term is how good the products and services are. It is also important that to have the right general conditions for a free market system in Russia. Germany's political leadership should be pressing for this. And Russia's appeal as a market also depends on it."
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More from the press review on the subject » International Relations, » Trade, » Germany, » Russia
Swiss exports to Russia dwindling
Russian President Dmitry Medvedev is currently visiting Switzerland. This prompts the Neue Zürcher Zeitung to take stock of economic relations between the two countries: "In recent years Russia has become a synonym for a dynamic market. … Russian-Swiss trade relations have suffered under the impact of the financial and economic crisis. According to statistics put out by the Swiss customs authority Swiss exports contracted by 37 percent in the first seven months of this year compared with the same period last year, while imports dropped by 27 percent. This decline has proven to be greater than that in foreign trade overall, which reflects the fact that the Russian economy has been harder hit than other states like China, India and Brazil by the crisis judging by the statistics on industrial production and gross domestic product."
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More from the press review on the subject » Economic Policy, » Switzerland, » Russia
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