Russian economy resilient despite Western sanctions | Business | Economy and finance news from a German perspective – DW (English)

B

Take a look at the beta version of dw.com. We’re not done yet! Your opinion can help us make it better.
We use cookies to improve our service for you. You can find more information in our data protection declaration.
IE Business School Professor of Finance Maxim Mironov takes a look at the current state of the Russian economy six months after the country invaded Ukraine.

Ukraine’s central bank has been de facto printing money to pay its troops, but the measure is unsustainable. More international support is vital, but how much new cash could be raised domestically?
A sinking euro is threatening to inflict further pain on an economy that’s already having to contend with a surge in inflation. And the bad news is that the common currency’s slide may not stop here.
The outlook on the German economy is becoming bleaker, as private households are forced to use up their savings to combat soaring consumer prices.
Beijing this week slashed interest rates to boost demand after its zero-COVID policy and a property crash rocked the economy. China’s woes will hurt global growth but could also help to cool inflation.
© 2022 Deutsche Welle | Privacy Policy | Accessibility Statement | Legal notice | Contact | Mobile version

source

🤞 Don’t miss these tips!

We don’t spam! Read more in our [link]privacy policy[/link]

close

Don’t miss these tips!

We don’t spam! Read our [link]privacy policy[/link] for more info.


    Leave a comment
    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    H
    Hemant Malhotra
    List of Central banks
    February 8, 2021
    Save
    List of Central banks
    H
    Hemant Malhotra
    5 reasons why people avoid retired life planning and also pass away inadequate?
    December 20, 2020
    Save
    5 reasons why people avoid retired life planning and also pass away inadequate?
    S
    Siddhi Rajput
    Online Banking
    December 24, 2021
    Save
    Online Banking
    Sponsored
    Sponsored Pix
    Subscribe to Our Newsletter

    Don’t miss these tips!

    We don’t spam! Read our [link]privacy policy[/link] for more info.