- Sputnik International, 1920
Russia
The latest news and stories from Russia. Stay tuned for updates and breaking news on defense, politics, economy and more.

Russia Now Europe's Number One Economy, Fifth Worldwide, Putin Reveals

© Sputnik / Sergey Guneev / Go to the mediabankRussian President Vladimir Putin
Russian President Vladimir Putin - Sputnik International, 1920, 11.01.2024
Subscribe
Vladimir Putin met with businessmen from Khabarovsk in the Far East and shared his views on the nation's economic prospects, praising Russia's performance despite pressure from the West's sanctions, while stressing that there is work to be done.
Russia's economy has turned out to be number one in Europe based on purchasing power parity and fifth in the entire world, Russian President Vladimir Putin said when meeting with businessmen from the Far East.

“It seems that we are being strangled and crushed from all sides, but we have become the largest economy in Europe. We have overtaken Germany, and rank fifth in the world," Putin revealed.

President Putin specified that Russia had outperformed Europe in purchasing power parity, but in the context of per capita GDP, “there is work to be done.”
The head of state added that Russia’s economic growth may be higher than the anticipated 3.5% at the end of 2023.
Russian Rouble - Sputnik International, 1920, 09.01.2024
Russia
De-Coupled, De-Dollarized, and Developing: De-Centralizing as Well?
After Moscow had launched its special military operation to defend the population of Donbass from Ukrainian aggression, US-led Western countries imposed countless sanctions against the Russian economy. Despite the intentions of the collective West, these restrictive measures have failed to attain any of their declared goals, with Russia dramatically broadening its trade and diplomatic ties with nations of the Global South. Putin has repeatedly pointed out that despite the West's sanctions, Russia has strengthened and expanded its economic sovereignty.
Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала