: :inin Kyiv (EET)

The ruble currency storm is over, but is the Russian economy ready for the next one?


Recent data show the Russian economy contracted 1.9 percent in the first quarter of 2015. In this article, Sergey Aleksashenko delves into the events that led to the downturn, and what we can expect for the rest of 2015.
When the Russian ruble collapsed in mid-December last year, losing one-third of its value in three weeks, some experts forecasted a drastic downswing for the Russian economy in 2015 exceeding 10 percent of GDP. But five month later, the ruble has bounced back; the Russian stock market index has risen 25 percent since January 1st, while the Russian economy’s slide in the …read more

Source: Brookings

World press about Ukraine

The category “World Press” is created to observe information about Ukraine in the world media. More information about “World Press” category you can read here

World press category: terms & conditions

Submit a Comment

Your email address will not be published. Required fields are marked *

Pin It on Pinterest

Share This

Share this post with your friends!