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European Commission forecasts acceleration of economic growth in Russia

The growth can reach 1.7% in 2018

© Sergei Konkov/TASS

BRUSSELS, April 3. /TASS/. Russia’s economic growth can reach 1.7% in 2018 versus 1.5% in 2017, the European Commission (EC) reports on Thursday in the annual spring economic outlook.

"Going forward, the impact of higher oil prices recirculating throughout the economy is likely to further support domestic demand and thereby GDP which is expected to grow by 1.7% in 2018," the document says.

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