All news

Deputy PM says Russia has overcome recession, economy stable

MOSCOW, June 18. /TASS/. Russia’s economy has overcome recession, Deputy Prime Minister Arkady Dvorkovich said Saturday, adding that the situation has stabilized in general.

"I assume the recession has already passed, (the economy) has stabilized," he said, adding that "there may be some technical peculiarities but in general the situation has stabilized."

On Friday Russian President Vladimir Putin said during his address at the St. Petersburg International Economic Forum (SPIEF-2016) that the country has managed to solve the most pressing economic issues and expects economic growth to resume in the nearest future.