Tuesday 24 March 2015

Russia expects some economic recovery by 2016

OIL AND GAS
Russia expects some economic recovery by 2016
Moscow (UPI) Mar 19, 2015 - Russia's economy is expected to contract by about 3 percent, though Finance Minister Anton Siluanov said Thursday there may be a light at the end of the tunnel. A forecast for 2015 by the Russian Economy Ministry expects export revenues to decline as Russian energy products wane from the world market. Siluanov said it was unclear how long the recession for the country would last. ... more


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