European media gloomily assess the prospects for the Russian economy


Estimates of the state of Russian economics joyless, and the prospects are gloomy. The double shock (the COVID-19 pandemic and the collapse in energy prices) will seriously reduce it, writes Finland's largest daily newspaper Helsingin Sanomat.


Households suffered the most from the recession, only a small portion of which have savings. Some formed a large loan debt. So the poverty level in the country can increase markedly.

According to the results of April 2020, the Russian economy may contract by about 28% in nominal terms and by 20% in real terms. On May 20, Deputy Prime Minister Tatyana Golikova said that over the period of quarantine measures, unemployment rose by 29,5%. And although these figures are estimates and not entirely accurate, they indicate a negative trend.

A survey of 30 economists showed that the Russian economy will not return to the level of 2019 until mid-2022. In April, they still believed that this would happen at the end of 2021. But there were more gloomy estimates. Some experts called what was happening the largest crisis, comparing the situation with the beginning of the 1990s.

With all this, in Russia, which has gathered large reserves in the National Welfare Fund, there are still debates about how to use these funds.
  • Photos used: https://pixabay.com/
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  1. Valentine Offline Valentine
    Valentine (Valentin) 21 May 2020 17: 08
    +3
    Well, if Europeans say that everything will be bad with us, then it will be the other way around, even if not everything.
    1. Nick Offline Nick
      Nick (Nikolai) 22 May 2020 13: 39
      +1
      Quote: Valentine
      Well, if Europeans say that everything will be bad with us, then it will be the other way around, even if not everything.

      Europeans say that everything will be bad for them. According to estimates by the Ministry of Economic Development, Russia's GDP will fall by 5% in 2020. According to the IMF, Russian GDP will fall, but less than GDP in the EU countries, which will allow Russia to move from fifth to fourth in terms of GDP, taking into account PPPs, ahead of Germany, which will move to fifth place in the IMF rating.
  2. Alexey Grigoryev (Alexey Grigoriev) 21 May 2020 17: 28
    +1
    Well, I'm calm for the European economy, because everything is fine there.
    1. 123 Offline 123
      123 (123) 21 May 2020 19: 08
      +2
      Well, I'm calm for the European economy, because everything is fine there.

      Their balts with the Poles will be pulled out.
      1. Nick Offline Nick
        Nick (Nikolai) 22 May 2020 13: 42
        0
        Quote: 123
        Well, I'm calm for the European economy, because everything is fine there.

        Their balts with the Poles will be pulled out.

        Yes, they will pull ... out of the comfort zone. wink hi
        1. 123 Offline 123
          123 (123) 22 May 2020 13: 49
          +1
          Yes, they will pull ... out of the comfort zone.

          Rather, from suspended animation. what Heart-rending cries of "want to eat" do not have to stay in nirvana. winked
  3. gorenina91 Online gorenina91
    gorenina91 (Irina) 21 May 2020 17: 37
    -2
    European media gloomily assess the prospects for the Russian economy

    According to the results of April 2020, the Russian economy may contract by about 28% in nominal terms and by 20% in real terms. On May 20, Deputy Prime Minister Tatyana Golikova said that over the period of quarantine measures, unemployment rose by 29,5%. And although these figures are estimates and not entirely accurate, they indicate a negative trend.

    - The worst thing is that people are already used to messing around and are getting used to it more and more ...
    - Today, this year, everything depends on the harvest in Russia ... - We must assume that the southern regions of Russia will do little to please this year ... - There remains hope for Siberia ... - that Siberia will collect (grain, sunflower, buckwheat, etc.); and also ... - meat, chickens, milk, etc. ... - Also, China continues (and will continue) deliveries of meat and dairy products from Siberia ... - And what will happen next ... - this is one God knows ...
    1. Valentine Offline Valentine
      Valentine (Valentin) 21 May 2020 18: 55
      +3
      Why, Irina, is so categorical about the southern regions of Russia - you go along the M-4 highway and see green fields with rye, corn and other agricultural crops, and we will not be deprived of a variety of meat, and here, in the Rostov Region, in butcher shops and the freshest lamb, and turkey, and beef, and pork, and real home-made dumplings, and kupat - you lick your fingers, and there’s plenty of milk on the homemade markets, curds and sour cream, so don’t catch up on melancholy, Irina, everything will settle down, and coronavirus too.
      1. gorenina91 Online gorenina91
        gorenina91 (Irina) 22 May 2020 07: 37
        -2
        - Rostov ... - I suppose ... - I mean Rostov-on-Don; once the "Federal highway M-4" is mentioned in vain ... - So, Rostov-on-Don is a "delicate" business ... - He's all his life ... - now for the "red", and then - for " white "...
        - Here you go and take it ... - what is it like ...
        1. AICO Offline AICO
          AICO (Vyacheslav) 22 May 2020 09: 46
          0
          Life in Rostov is on the right side, they simply do not tolerate burials from any side - they have driven them from their native land for centuries belonging to the Cossacks!
          1. Nick Offline Nick
            Nick (Nikolai) 22 May 2020 13: 50
            0
            Quote: AICO
            just do not tolerate the backbone

            It is right. Dirty hands talk about honest income.

            Quote: AICO
            drive them from their native land from time immemorial belonging to the Cossacks!

            Everything, and the earth, belongs to the Creator, and the Russian Cossacks use it according to the will of God.
      2. AICO Offline AICO
        AICO (Vyacheslav) 22 May 2020 09: 50
        0
        Hello! What area are you from? I haven’t been in Kamensky district for 20 years!
  4. GRF Offline GRF
    GRF 21 May 2020 17: 43
    0
    Persuaded. It's time to go to Finland, there is paradise! Finns, move over ...
  5. 123 Offline 123
    123 (123) 21 May 2020 19: 08
    0
    European media gloomily assess the prospects for the Russian economy

    I would be surprised if they did not.

    According to the results of April 2020, the Russian economy may contract by about 28% in nominal terms and by 20% in real terms. On May 20, Deputy Prime Minister Tatyana Golikova said that over the period of quarantine measures, unemployment rose by 29,5%. And although these figures are estimates and not entirely accurate, they indicate a negative trend.

    The economy will shrink at all, it would be interesting to compare with other countries, otherwise ours tell how Europe and the United States are bent, they prophesy disasters to us.

    A survey of 30 economists showed that Russia's economy will not return to the level of 2019 until mid-2022. In April, they still believed that this would happen at the end of 2021..

    And what happened over the past three weeks? Maybe things just got worse in Europe and we need to shout louder how bad things are with the Russians?
  6. oracul Offline oracul
    oracul (leonid) 22 May 2020 07: 32
    +1
    A difficult topic is a funny (usually Russophobic) approach. It would be better to deal with their problems, but the hungry, the number of which, according to their own estimates, is growing.