Pravda Experts are debating whether Russia's economy has slipped into a recession or whether it is "safely" stagnant. The difference between stagnation and recession is of insignificant technical nature. However, the dispute over the terminology also has a political dimension, and for that reason it was joined but such heavyweights as Alexei Ulyukayev, the Economic Development Minister, who argues that the economy is stagnating. We can say with absolute certainty that the country's economy is gradually but steadily slowing down.
Read more about Russian Economy To Fall Into Abyss?
Read more about Russian Economy To Fall Into Abyss?
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