In 2016 Russia's GDP to drop to 1.9% - the EC.
Edited by Rhod Mackenzie / 2016-05-06 07:18:41
The European Commission (EC) downgraded Russia's GDP decrease in 2016 from 1.2% to 1.9%, according to the EC spring report.
Analysts of the European Commission expect long and deep recession in Russia due to the decrease in oil prices, international sanctions, and structural problems.
