Russia’s Zvyagintsev wins Jury Prize at 70th Cannes Film Festival with his LovelessSociety & Culture May 28, 21:32
Three Russian tourists hurt is road accident with tourist minibus in TurkeySociety & Culture May 28, 18:58
Some 40,000 cyclists taking part in Moscow cycle paradeSociety & Culture May 28, 18:33
Corporation Irkut: MS-21 first flight performed in routine modeBusiness & Economy May 28, 16:54
Ukrainian military launch more than 180 shells, mines on Donetsk within one dayWorld May 28, 16:36
Minister: Russia may supply 1,000 MC-21 planes to 2037Business & Economy May 28, 14:42
Lavrov: China, ASEAN interested in organization of Eurasian partnershipRussian Politics & Diplomacy May 28, 11:45
MC-21 airliner makes first test flight - sourceBusiness & Economy May 28, 11:00
Putin congratulates Border Guards on their professional holidayMilitary & Defense May 28, 10:57
MOSCOW, July 9. /TASS/. Russian economy expected to come out of crisis in the fourth quarter of 2014, Former Finance Minister Alexey Kudrin said in an interview with Russian television channel Rossiya-24 on Thursday.
"April and May were the worst this year. I think that June will be one of the worst as well. And I have no certainty that July and August will be better. The bad phase of our crisis will last for the beginning of the third quarter. There are expectations, that the fourth quarter will be better," Kudrin said.
Earlier, Finance Minister Anton Siluanov said that the Russian financial sector is recovering, and that the general economic recovery expected in late 2015 - early 2016. We have no doubt that the economic recovery will follow the financial sector. We hope that this will happen by the end of this or the beginning of the next year," Siluanov said.