Russia’s economy is starting to grow, inflation is above 9 percent,The central bank has raised the basic interest norm to 21 percent, and of the banks the loan interest is almost 30 percent.The Ruble rate fell by the first month of March, writes the French publication Le Monde.
There are increasing signals about the rapidly deteriorating economic situation in Russia, which is acknowledged by the leaders of the companies in this country and particularly concerned with the Kremlin, the Parishtown daily reports.The International Currency Fund (IMF) forecasts that in 2025 Russia’s economic growth will decrease to 1.3 percent.
“Central Bank interest is 2.5 which is higher than inflation which is not falling. It seems that the medicine is more harmful than the league , said Alexei Mordasov, head of the mining and metallurgy company Severstal .
“The situation is difficult. The economy will not last long. We are seeing clear signs of slowdown” – said Sberbank head German Gref.
Rostec holding, company, which, according to Le Monde, “the heart of the industrial and defence complex”, Sergei Chemezov , the leader of the Sergei Chemezov , believes that “increasing interest norms is a prim stop for the growth of the industrial sector “. “If we continue these policies, in practice the majority of our companies will go bankrupt” he adds.
Le Monde who recently wanted to become the Russian business representative of the Le Monde believed that “the environment is sending signals to the Kremlin : the economy is still recoverable, but this will not last. We need to end the conflict in Ukraine as soon as possible”.
US President-elect Donald Trump allowed the media to report, that he will quickly go to Moscow to sign a agreement which will de actually force Kiev to make territorial decisions while freezing the conflict. Kremlin has not responded with any signal indicating that it is interested in the Paris in Le Monde.
One European diplomattoldMoscowDaily,whenwhenwhoVladimirPutin”stickstohisessentialassumptions”andallowsittounderstandwhenthatthistacticwillbeconstructedonitsown terms.
“In the comingweeks(Putin)willbewatchingTrumpandwillseewhatremainsofAmericanaidinUkraineinwar.ButitsowneconomyinRussiaisexperiencingchallenges,sanctionsandthehazardousconsequences oftheirconsequences,whichisagreatconcern”,adds the diplomat.