Russian PM expects stronger negative effect of anti-Russia sanctions on country’s economyBusiness & Economy June 26, 13:53
Kremlin spokesman says Putin, Trump to meet in HamburgRussian Politics & Diplomacy June 26, 13:39
Russia to wean off Ukrainian gas turbine engines by mid-2018Business & Economy June 26, 13:17
Astana meeting on Syria to focus on de-escalation zones — LavrovRussian Politics & Diplomacy June 26, 13:07
Northern Fleet divers resume surveying of WWII Arctic convoy transporterBusiness & Economy June 26, 13:00
Press review: Doubts over Putin-Trump talks and cornerstones for 2018 elections in RussiaPress Review June 26, 13:00
Top official says Russia’s warships operating in Syria praised by market playersMilitary & Defense June 26, 12:48
Russian arms exporter raked in $24 bln for selling 50 warships since 2000Military & Defense June 26, 12:39
Attack aircraft exercise on mock-up ‘enemy’ targets results in smashing successMilitary & Defense June 26, 12:14
MOSCOW, December 18 /TASS/. Russian President Vladimir Putin told the annual news conference on Thursday that a way out of the current crisis and Russia’s economic growth were inevitable.d.
“Naturally, a rebound, subsequent growth and a way out of the current situation are inevitable. The economy will grow and will get out of the current situation. How much time will we need? I think it will take two years even if the situation unfolds to the most unfavorable scenario,” the president stressed.
Organization of real non-energy business in Russia is complicated until energy sector brings big profits, he noted.
Russian President Vladimir Putin advised the government and the Central Bank to be half a step ahead in dealing with the current economic situation in Russia. “The Central Bank and the government react adequately to the current situation, but I believe that some things, and this is what the expert society is criticizing in particular, could have been done more operatively,” Putin said at his annual news conference.