Economics
Putin Says Russia May Have Passed Peak of Economic Crisis
- Government, central bank showed consistency in policy: Putin
- Russia will return to growth in coming years, president says
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Russia has reached the peak of its economic crisis, if not passed it, and the situation in the country is stabilizing, President Vladimir Putin said.
The central bank and the government “demonstrated a high level of responsibility and consistency” in responding to the difficulties, which showed there’s reason “to believe that Russia is a good place for investment,” Putin said at an annual conference organized by VTB Capital in Moscow on Tuesday.