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You're reading: Putin: 26% of Russians live below poverty line by international standards
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The number of Russians living below the poverty line was halved in the past decade to 12.5%, he told the government presidium on Thursday.

"Translating this indicator into the international statistics language, we have approximately 26% of people living below the poverty line by international standards," he said.

Putin acknowledged that this indicator was comparable with such countries as Greece and Spain, where about 20% of people live below the poverty line. In the United States, the poor account for 18% of the population.

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