Moody’s: The decline of the Russian economy in 2015 is 3%, the growth in 2016 is 0%

Read on the website Vestnik Kavkaza

Moody's Investors Service has published a new study, where they adjusted its forecast for the period of the recovery of the Russian economy.  

Thus, according to analysts’ opinion, the renewed decline in oil prices and the subsequent weakening of the ruble is caused by deepening recession of the Russian economy.