Russian update – Lower oil price will take its toll – Atradius economic research February 2015

Russia managed to avoid a recession in 2014 despite mounting economic woes but US and EU sanctions are taking their toll. Investment, which was already quite week, has further eroded and oil prices, which have fallen from USD 110 to below USD 50 are pushing Russia towards a serious recession in 2015. Discover in this document, the economic forecast for Russia.

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