Brussels expects Russian economy to stabilize
May 16th 2022 11:49am EDT
The sanction-hit country is expected to adjust to the new reality of severed ties with the West Russia’s real GDP is projected to decline by 10.4% this year after a growth of 4.7% recorded in 2021, according to the latest outlook revealed by the European Commission (EC), the EU’s executive arm. The country’s export earnings […]
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