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  2. International

The Russian economy has entered technical stagnation, according to Sberbank's director, German Gref, who emphasizes that economic recovery is unlikely under current conditions.

Ana-Maria Tapescu
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4 September 2025, 07:49
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International
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At the Eastern Economic Forum, German Gref stated that the Russian economy entered technical stagnation in the second quarter of 2025, with clear signs of stagnation in July and August. The key interest rate is a crucial factor, estimated at 14%, insufficient to stimulate economic recovery, which would require a rate of 12% or lower. Gref warned that a controlled cooling of the economy is necessary to avoid a transition into recession, which would hinder the resumption of economic activity.

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Stirile ProTV
Putin pierde controlul: Economia Rusiei intră în stagnare tehnică, iar redresarea pare imposibilă
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Hot News
Șeful celei mai mari bănci din Rusia spune că economia este într-o „răcire controlată” și are nevoie de ceva anume pentru relansare
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Economica
Rusia trebuie salvată. Economia poate aluneca în recesiune, avertizează şeful celei mai mari bănci ruseşti, Sberbank
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G4Media
Şeful celei mai mari bănci de la Moscova spune că economia Rusiei stagnează şi ar putea intra în recesiune dacă dobânzile rămân ridicate

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NEWS ON THE SAME TOPICS

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The Central Bank of Russia has reduced the monetary policy interest rate, amid the economic difficulties generated by Western sanctions and the costs of the offensive in Ukraine.
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Russian officials warn about the budget deficit due to defense spending (Bloomberg)
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Economy Russia stagnate economic recovery

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