The recession in Russia may end up in the third quarter of 2016 - Bloomberg.
Edited by Rhod Mackenzie / 2016-05-20 06:38:14
The longest in the last 20 years recession in Russia may end up in Q3 2016, Bloomberg writes.
The publication reports that the Russian economy is experiencing the largest change in the last 15 years. In confirmation of this information, it added that the annual inflation rate slowed to 7.3%, down from the maximum value of 16.9% within 13 years, but the investment climate is the most problematic point in the Russian economy. However, since 2013 the country has raised 10 positions in the Doing Business ranking of World Bank and now occupies the 51th place.
