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Monday, September 14, 1998 Published at 11:10 GMT 12:10 UK World: Europe G7 discusses Russia's crisis G7 is anxious to hear Yevgeny Primakov's plans to get Russia out of its economic crisis Officials of the group of seven leading industrial nations are meeting Russian officials in London to discuss the country's problems.
BBC Business Correspondent Andrew Walker says the group will want to know much more about the economic policiy intentions of the new Russian Prime Minster Yevegeny Primakov, who was confirmed in office by the Russian parliament on Friday.
Representatives of the International Monetary Fund, the World Bank and the European Commission are also attending. The meeting is being described as a chance to share ideas and analyses of Russia's problems. Our correspondent says it does not seem likely that the meeting will come up with specific proposals, or recommendations of new financial assistance. Primakov promises 'social conscience' Russia's new prime minister said on Sunday that his economic policies will take account of the social welfare of ordinary people.
"It must be a socially oriented economy," Mr Primakov told NTV commercial television. "There should be no awful discrepancy under which the majority of the people live below the poverty line. We cannot allow this. No capitalist country allows it. At least they try. In this regard we need certain corrections which will be made," Mr Primakov said. He said economic development should include the creation of jobs and the payment of wages. "No return" to Soviet ideology Mr Primakov also dismissed allegations leading reformers that the appointment of a communist, Yuri Maslyukov, as his first deputy prime minister meant a return to Soviet ideology.
Mr Maslyukov, who formerly headed the Soviet state planning agency, will be the top economic official in the new government. Two former government members, Yegor Gaidar and Boris Nemtsov, said earlier that the country was changing economic course. "The Communist Party is the governing party now," Mr Nemtsov said in an interview earlier. Mr Gaidar was quoted by the Interfax news agency as saying it was hard to say how long the "government of communists" would take to "destroy elements of a free market economy in Russia."
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