Gazprom supplies to Europe reach record-breaking 590 mln cubic meters on FridayBusiness & Economy October 22, 18:24
Minsk protests against Ukraine's forced return to Kiev of Belavia planeWorld October 22, 14:05
Russian Foreign Ministry: Militants in Aleppo fail assistance delivery, civilians outflowsRussian Politics & Diplomacy October 22, 14:03
Kremlin: Syria’s breakup may become catastrophe for the regionRussian Politics & Diplomacy October 22, 14:00
Kremlin: Common language at Normandy Four talks is not oftenRussian Politics & Diplomacy October 22, 13:56
Kremlin: Extending humanitarian pause in Aleppo is Putin’s independent decisionRussian Politics & Diplomacy October 22, 13:50
Putin offered condolences to families of victims in Mi-8 crash in YamalSociety & Culture October 22, 11:20
Production of Russian flu vaccines in Nicaragua may start on October 22Society & Culture October 22, 7:44
Mascot of 2018 World Cup should be remembered like Olympic Mishka, Mutko saysSport October 22, 6:31
“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.