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May 20, 2021

Why stress levels are rising in Russia as the pandemic recedes

By Paul Dennis

20 May

Jacques Sapir, an economist and a specialist in Russia and Euro monetary issues, retweeted on the Covid-19 disease being the main worry for Russia in 2020.

However, as the pandemic has gradually started receding this year, Russians are faced with a new problem of rising prices and low wages and income.

According to a new poll, even though Russians felt less stressed than last year when the virus hit, money was still a huge cause of concern today with respondents worried about inflation and low salaries.

The poll revealed a significant drop in stress since 2020, with 55% of the respondents being worried rather than 79% who felt the same way last year.

Among most common concerns related to finances, the poll found 62% of the respondents to be stressed by rising prices and inflation, 56% to be stressed over their low wages, and only 30% expressed were worried about the economy in general.

Russia’s Ministry of Economic Development revealed that the country had reported growth for the first time in April this year since the Covid-19 outbreak.

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