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New wave of crisis possible on smaller scale - ministry

The new wave of the crisis, by its scale, would not mach the crisis in 2008-2009, but it might be longer, Nabiullina said

MOSCOW, October 6 (Itar-Tass) — Russia's Economic Development Ministry believes a new wave of the world financial and economic crisis is possible, but that it would be on a smaller scale compared with 2008, Economic Development Minister Elvira Nabiullina told a plenary session of the Russia Calls! forum on Thursday.

The new wave of the crisis, by its scale, would not mach the crisis in 2008-2009, but it might be longer," Nabiullina said.