Detained participants in Russia should be released - US Department of StateWorld March 27, 6:37
Russia conducts six humanitarian operations in Syria in 24 hours - Reconciliation centerSociety & Culture March 27, 6:34
Talks on banning nuclear weapons begin in UN without Russia, USWorld March 27, 6:28
Meeting with Putin of exceptional importance for Serbia - premierWorld March 27, 4:16
Election in Moldova shows people support rapprochement with Russia - Socialist factionWorld March 27, 4:06
Former Zenit FC player Kazachenok dies at 64Sport March 27, 1:37
Russian senior MP calls on EU politicians not to hide heads in sand in Syrian settlementRussian Politics & Diplomacy March 26, 18:09
Three Russian fans stabbed after football match in BelgradeSport March 26, 3:28
Russia ready to take part in restoring oil production in Syria - energy ministerBusiness & Economy March 26, 3:27
STUTTGART, May 31. /TASS/. Russia's GDP will reach a zero growth by mid-2016 and after that growth will be restored, Economic Development Minister Alexey Ulyukayev said at a meeting with representatives of German business in Stuttgart.
"We experienced a deep recession last year, which was a 3.7% drop in GDP, we are now gradually recovering from it. In the first quarter, the decline was 1.2% in April it was 0.7% We expect that somewhere in the middle of the year we will reach zero and after that we will gradually restore positive economic growth," he said.
Earlier, the Economic Development Ministry said that the decline in the Russian economy was mainly over. In general, the ministry predicts a 0,2% drop in GDP this year.