The Russian Economy Is "Frozen": the Director of the State Bank Sberbank Warns of Braking and Calls for Urgent Assistance for Companies
5 Articles
5 Articles
Russia's economic growth weakened to 0.6 percent in July. Russia's largest money house, which is usually cautious, is unusually critical of the economic situation.
Guerman Gref warns against severe cooling after a GDP increase of only 0.6% in the first half of the year and demands a reduction in interest rates to reactivate private investment Read
Sberbank director, sanctioned by the West, noted that Russian GDP growth during the first half of the year, which stood at 0.6%, is considerably lower than potential growth
The Russian Federation ' s GDP increased by 0.6 per cent in the first half of 2026 compared with the same period last year.
In July, GDP growth slowed to 0.6 per cent in annual terms after 1.7 per cent in June, reported to the Ministry of Economic Development in a survey on the current situation in the Russian economy. The economy grew by 0.6 per cent in seven months, while the decline in fixed capital investment slowed in April-June, according to Rosstat data. The figure fell by 6.6 per cent after a fall of 14.3 per cent in January-March, with a half-year decline of…
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