Russia’s GDP to grow 0.9% in 2025, down from 1.4% in its June forecast, 0.8% in 2026 and 1% in 2027. It also projects a 0.4% decline in investment this year and a further 0.2% fall next year before modest recovery in 2027.
At the beginning, we thought Russia wasn't economically healthy enough to extend a war and that the EU/US would crush it with sanctions if it could not win quickly but boy were we wrong. Russia 0.9% while putting the Europoors into 0.1-0/2%? Damn, that's brilliant!
Growth fades in Europe: Is the recovery already running out of steam?
"According to Eurostat’s second estimate released on Thursday, seasonally adjusted GDP in the euro area rose by just 0.1% in the three months to June, unchanged from the initial flash reading. The wider European Union (EU) grew by 0.2%, also in line with earlier estimates."
