• In Germany surprised to the growth of the Russian economy despite sanctions

  • Analysts of the German edition of Frankfurter Allgemeine Zeitung was surprised to growth of the Russian economy under sanctions and lower oil prices.

    The article says that, according to the National Bureau of statistics indicators of Russian manufacturing sectors in the second quarter of this year increased by about 2.5 percent compared to the same period in 2016.

    Experts believe that Russia can obtain economic independence from other countries, if GDP growth will continue. It is noted that the agricultural sector has not yet managed to recover after the introduction of anti-Russian sanctions.

    28 July 2017 Ministry of economic development reported that the recovery of economic activity in Russia covers a wide range of industries. In may, Russia's GDP grew by 3.5 percent in June and 2.9 percent in annual terms. While unemployment fell to a record low in recent history.


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