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Learning English - Words in the News
11 January, 2008 - Published 15:02 GMT
Holiday cost in Russia
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Russia has resumed its daily routine after its long break for New Year and Orthodox Christmas. Russian media have been trying to add up the cost of the lengthy lay-off: one newspaper says the holiday has cost the country some 2 per cent of GDP. This report from James Rodgers: Russia is struggling sluggishly back to work. Their lengthy annual holiday begins on New Year's Eve, and finishes only after Orthodox Christmas, which falls on January the 7th in the contemporary calendar.
While the vast majority of Russians seem to enjoy the long break, some dissenting, questioning voices can also be heard. Official figures of the cost to the economy won't be published until later, but one tabloid - incidentally in its first edition of the New Year, the papers here get a long time off too - has been trying to do the sums. Komsomolskaya Pravda quotes an expert who estimates that the New Year break cost the Russian economy more than 20 billion dollars, or 2 per cent of GDP. Many Russians are adding up their own personal outlay. Surveys carried out in December suggested that Russians are celebrating their country's economic growth by spending more on presents. They certainly need cash to enjoy the party. A place at a New Year's Eve dinner in even a modest Moscow restaurant this year cost well in excess of 100 dollars. James Rodgers, BBC News, Moscow struggling sluggishly back to work falls on dissenting, questioning voices can also be heard tabloid incidentally time off to do the sums GDP outlay well in excess of |
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