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Putin highlights economic situation in Russia better than in many other countries

The president also highlighted the measures undertaken to stabilize the economy both in Russia and in the EAEU as a whole

BISHKEK, December 9. /TASS/. Despite a downturn in the Russian economy, the situation is still better than in many other countries, President Vladimir Putin assured reporters on Friday.

"As far as good results [in the Russian economy] go, they could have been better and we would like them to be better. True, Russia was anticipated to have an economic decline of 20%, but the downturn is currently 2.9%. Certainly, that’s a big difference there and we understand that those forecasting such developments for us made a huge mistake," Putin noted.

Despite a certain drop in the economy, "the situation is indeed better than in many other countries on a number of fronts," the Russian leader pointed out.

Putin also highlighted the measures undertaken to stabilize the economy both in Russia and in the EAEU as a whole. "One of the main indicators is the unemployment rate, and that is lower than in many other countries," he emphasized.