This Article is From Apr 16, 2015

Vladimir Putin Says Russian Economy Has Passed 'Peak' of Problems

Vladimir Putin Says Russian Economy Has Passed 'Peak' of Problems

File Photo: Russian President Vladimir Putin. (Reuters Photo)

Moscow, Russia:

President Vladimir Putin on Thursday said the worse was over for Russia's crisis-hit economy, pointing to the recent rebound of the ruble despite Western sanctions over Ukraine.

"The ruble has stabilised and strengthened," Putin said during his annual phone-in with Russians. "Experts believe that we have passed the peak of the problems."
 

 

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