Worst over for Russian economy, time to talk success - economists ― RT Business

Economists in Russia and the US agree the worst is over for Russian economy, with Bloomberg changing its tone praising it as an ‘underrated land of opportunity’. Experts agree President Putin’s economic team managed to turn around a pressing environment.

Russia’s economy is recovering from last year’s panic following the slump in oil prices, according to experts.

With the Russian Central Bank’s currency reserves increasing last week for the first time since July, and all of the major economic indicators improving, Western governments should be convinced that economic sanctions have no discernible effect, a Bloomberg View contributor, Leonid Bershidsky said in his article published on March 27.