Russia Update - Lower oil price will take its toll

Open Access
Authors
Publication date 2015
Series Atradius Economic Research
Number of pages 5
Publisher Amsterdam: Atradius Dutch State Business
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam School of Economics Research Institute (ASE-RI)
Abstract Russia managed to avoid a recession in 2014 as economic owes have mounted.
Already feeble investments were further eroded by the US/EU sanctions.
But it is the oil price decline from USD 110 to below USD 50 that is pushing Russia into a serious recession in 2015.
Document type Report
Language English
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