Managers bullish about future of Russian economy

Almost half of Russia's managers think the country will have the biggest economy in Europe by 2020, according to a study by Kommersant daily and the Association of Managers.

The survey revealed that 64% of businessmen think that it is possible Russia can survive on sales of raw materials during the transition period to a hi-tech based economy.

However, far fewer bosses are confident about their ability to disclose information about their firms on the internet, with only 10% thinking they do it well.