Russia's economic crisis

Russia's 15 years of economic gains might be gone

Russia's economy will shrink 15 percent this year and three percent in 2023 as the hit from Western sanctions, an exodus of companies, a Russian "brain-drain" and collapse in exports wipe out 15 years of economic gains, a global banking industry lobby group said.

Russian economy hit by oil price slide

Russia's economy contracts by 3.7% in 2015, according to preliminary figures published by the country's statistics service.

June 9, 2022
June 9, 2022

Russia's 15 years of economic gains might be gone

Russia's economy will shrink 15 percent this year and three percent in 2023 as the hit from Western sanctions, an exodus of companies, a Russian "brain-drain" and collapse in exports wipe out 15 years of economic gains, a global banking industry lobby group said.

January 25, 2016
January 25, 2016

Russian economy hit by oil price slide

Russia's economy contracts by 3.7% in 2015, according to preliminary figures published by the country's statistics service.

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