Russia
Russia Moving From Recession To Stagnation, EBRD Economist Says
September 21, 2016
RFE/RL
Russian economist Sergei Guriyev now lives in self-imposed exile in London where he works for the European Bank for Reconstruction and Development. (file photo)
Russian economist Sergei Guriyev now lives in self-imposed exile in London where he works for the European Bank for Reconstruction and Development. (file photo)
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As Russia touts signs of renewed growth after a long recession, the self-exiled former Kremlin adviser who is now chief economist at the European Bank for Reconstruction and Development (EBRD) says his homeland's prospects for recovery in fact remain bleak.
Senior Russian officials have said they expect the economy to start recovering from recession next year, with the Economy Ministry predicting 0.8 percent growth in 2017 after a projected decline of 0.2 percent this year.
http://www.rferl.org/a/russia-economist-guriyev-interview-stagnation/28005119.html
