RUSSIA'S GROWTH 2018 - 19: 1.5%
EBRD - Economic growth in Russia is expected to hold steady at 1.5 per cent this year and into 2019 as the positive impact of higher oil prices is offset by the negative economic consequences of sanctions imposed by the United States of America and the European Union (EU), said the European Bank for Reconstruction and Development (EBRD).
The EBRD noted Russia had returned to moderate growth in 2017 after a two-year recession, with the upturn driven primarily by recovering household consumption. Investment had…
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