People walk past a currency exchange in Moscow
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Economist: Russia risks becoming 'sick man of Europe'

Russia's economy could suffer long term damage if turmoil in Ukraine continues, an economist has warned.

The country's currency, the rouble, has fallen to an all-time low against the dollar and euro.

Neil Shearing, emerging markets expert at Capital Economics, said the country's economy had become "increasingly vulnerable and weak".

He told BBC Radio 5 live's Beccy Meehan: "It's going to go from potentially being one of Europe's star performers to being the sick man of Europe unless we see some big economic reforms."

  • 03 Mar 2014
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