Cuban revolution in pictures: Early years of Fidel CastroWorld December 04, 16:49
Putin: Trump as president realizes quickly level of responsibilityRussian Politics & Diplomacy December 04, 13:46
Putin: attempts for uni-polar world fail, balance in the world restoresRussian Politics & Diplomacy December 04, 13:44
Bild: Eurovision 2017 may take place in MoscowSociety & Culture December 04, 10:45
Presidential election in Uzbekistan is validWorld December 04, 10:43
Russian Reconciliation center delivers over 150 tonnes of humanitarian cargo to AleppoRussian Politics & Diplomacy December 04, 7:46
Rally dedicated to Fidel Castro ends in Santiago de CubaWorld December 04, 6:43
Raul Castro says no streets will be named after FidelWorld December 04, 5:38
Cuban TV host says Fidel Castro admired Russian peopleWorld December 04, 5:17
“Global economic growth rates will be much lower than before. So, Russian economic growth rates will never be as before, as I refer to the level when there is no negative difference between potential and actual output. From my viewpoint, this is about 2.5-3% growth. So, if there had been neither sanctions nor oil price fall and if we had had made no follies, the economic growth would have been 2.5-3%. This is going to be the new normal level for a long time and forever for my generation. I do not see another normal rate. Perhaps, you will see it,” Ulyukayev said.
“Probably we have got in a perfect storm and perhaps this is not accidental. Because we have prepared this storm overselves in some sense. As for the structural crisis, it is a result of under-reformed economy and all that we have not done. We did not reduce macroeconomic costs, that is to say costs in pension system and social sphere which now means additional liabilities over social insurance fund and medical insurance,” Ulyukayev noted.