RaboResearch - Economic Research

Country Report

Russia: bottoming out?

Russia’s economy might be finally bottoming out after recording a 5% yoy contraction in 2Q15, the sharpest in six years. However the growth outlook remains bleak due to structurally lower oil prices, existing sanctions and lack of structural reforms.

Country Report

Country Report Russia

Russia’s economy is forecasted to shrink by around 4% in 2015, on the back of lower oil prices and imposed sanctions. The outlook also remains bleak due to low investor confidence and a tightening of the government’s control over the country.

Country Report

Country Report Russia

Russia’s economy is slowing down as a result of western sanctions and a drop in oil prices. Its outlook has also deteriorated due to lower investor confidence and a strengthening of the government’s control over the country.

Country Report

Country Report Russia

Due to the Ukraine-Russia conflict, Russia’s economy deteriorated; growth fell and the Ruble depreciated. In recent weeks the situation has improved, but risks remain to the downsize, as we may not exclude additional sanctions from the west.

Economic Comment

Een paraplu kopen als de zon schijnt (Dutch)

Vooral uit de eurozone kwam de afgelopen tijd het nodige goede economische nieuws. Dit leidt er echter toe dat Europese beleidsmakers te weinig doen aan de hervorming van instituties en economieën om de eurozone voor te bereiden op slechtere tijden.

Country Report

Country Report Russia

The Russian economy has fallen into a recession this year. A fiscal stimulus package to boost economic growth was announced in May, but we do not expect any short-term results. To gain more influence in the CIS region, Russia has resorted to strong-arm tactics.

Country Report

Country Report Russia

Economic growth in Russia is falling to a lower longer-term trend growth of 3-4%. While domestic political stability has been restored, underlying tensions remain. Tensions with the EU have recently risen but are unlikely to escalate.