Russia’s economic turmoil could last at least two years, president Vladimir Putin said on Thursday (18 December).
Speaking at his end of year news conference in Moscow on Thursday (18 December) against the backdrop of a run on the Russian rouble and the prospect of a 4.5 percent recession in 2015, Putin sought to play down fears that Russia could be on the verge of a collapse similar to 1998 when the country defaulted on its debts.
"I don't believe you can call it a crisis - you c...
Back our independent journalism by becoming a supporting member
Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.