Brussels expects Russian economy to stabilizeThe sanction-hit country is expected to adjust to the new reality of severed ties with the West
The EC predicts the Russian economy to stabilize as soon as in 2023, as the country is expected to adjust to the new reality. At the same time, GDP growth is projected to remain restrained next year, amounting to 1.5%, since the ongoing import substitution evoked by the departure of foreign businesses will not be effective enough.
Lol. I can see the Twitter warriors and Reddit armchair generals coming up with excuses.