Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

EBRD Cuts 2013 GDP Forecast for Russia
11.05.2013 10:15
EBRD Cuts 2013 GDP Forecast for Russia
Photo Credit:

The European Bank for Reconstruction and Development has cut its Russia forecast amid growing fears over a looming recession.

      According to the Financial Times, Russia’s 2013 GDP growth figures were slashed from 3.5 to 1.8 percent.

      Earlier, the Russian Ministry for Economic Development downplayed its optimism, too, by lowering its official forecast from 3.6 to 2.4 percent, and called for immediate reform.

      Experts say that mounting downturn symptoms have come as a surprise to Russian authorities.  

Author: Mikhail Vesely

Tags: Ministry for Economic Development Russian economy    

Next Previous

You might also find interesting:

The Crunchbase Platfrom will Publish Information about the Russian Venture Capital Market
Russia Ranked 27th in the Annual Bloomberg Innovation Index
The Moscow Authorities Plan to Simplify the Process of Entry of Businesses Into the Innovation Cluster
The Moscow Mayors Office Decided to Slow Down the Growth of the Property Tax Rate
Russian IT Market is Growing

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Olympic Facilities  The Romanov Family  Russian winter  Russian legislation  travel to Russia  Golden Ring  VTB  Stavropol Territory  Gypsy Music  Rostov-on-Don  Russian business  Russian hockey  earthquake  Valery Kapterev  Voronezh Region  Everest Ascent  Teresa Durova  Russian Cinema  Festivals in Moscow  Fyodor Bondarchuck  Russian business men  Charity  Russian tourism  Russian regions  Russian dairy   Nikolay Andriyaka  Exhibitions in Moscow  Russian citizenship  Mercedes-Benz Fashion Week   Russian automobiles  skiing in Russia  Moscow Souvenir   Boris Nemtsov  Yaroslavl   Rostov  St. Petersburg  Altai  Eurasian Economic Union  Russian Museums   Russian education  Mercedes-Benz Fashion Week Russia  Russian gas  Space Exploration  Moscow  Russian exhibition  Olkhon  Kirov  Crash of TU-154  Anatoli Papanov  Virtual Reality 

Travel Blogs
Top Traveling Sites