Russia’s economy: growth claims vs. European reality
Russia claims sixfold economic growth over Europe, with PM Mishustin boasting a 200 trillion ruble economy. However, experts predict a 50% GDP decline in 2025 due to 21% interest rates and spiralling inflation.
According to The Economist, Trump’s America appears ready to lift sanctions following a Ukraine ceasefire—potentially restoring access to American technology and payment systems—Europe shows no signs of following suit.
With European trade previously worth €258 billion compared to America’s $35 billion, and €274 billion in frozen Russian assets, Europe’s continued sanctions pose the decisive barrier to Russia’s economic recovery. Without European cooperation, Russia’s economic outlook remains bleak.
The Economist
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