The head of the Central Bank of Russia, Elvira Nabiullina, stated that there were no prerequisites for a recession in the country. According to the head of the regulator, experts are observing a real slowdown in the economy.
Nabiullina announced this at the Moscow Financial Forum.
"Do not confuse the recession, which, I agree, is associated with very negative phenomena, a slowdown in the economy, yes, a slowdown in the economy is happening, but there is no recession. And even when they talk about a technical recession, they mean that the economy is declining for two quarters in a row, we don't have this either," the economist said.
EADaily previously also informed that the Ministry of Finance told how to properly go through the cooling period of the Russian economy.
The second overnight series of explosions thundered in Kiev
Has the power changed? The mayor of Lviv Sadovaya went out with his wife to a rally in support of Fedorov
Blow to Wildberries: Brovdi hopes for "berries of disloyalty in the heads of the zombomass"
Zelensky personally approved the attack on Wildberries
Zelensky is ready to dismiss Syrsky if he can do it with a little blood
A "referendum from below" is starting in Armenia to break Pashinyan's impasse — the EAEU or the EU?