European media gloomily assess the prospects for the Russian economy

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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.
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15 comments
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  1. +3
    21 May 2020 17: 08
    Well, if Europeans say that everything will be bad with us, then it will be the other way around, even if not everything.
    1. +1
      22 May 2020 13: 39
      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. +1
    21 May 2020 17: 28
    Well, I'm calm for the European economy, because everything is fine there.
    1. 123
      +2
      21 May 2020 19: 08
      Well, I'm calm for the European economy, because everything is fine there.

      Their balts with the Poles will be pulled out.
      1. 0
        22 May 2020 13: 42
        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
          +1
          22 May 2020 13: 49
          Yes, they will pull ... out of the comfort zone.

          Rather, from suspended animation. what Heart-rending cries "we want to eat" do not dispose to stay in nirvana. winked
  3. -2
    21 May 2020 17: 37
    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 it all depends on the crop in Russia ... - It must be assumed that the southern regions of Russia will not be much pleased this year ... - There is still hope for Siberia ... - for what Siberia will collect (cereals, sunflower, buckwheat, etc.); and also ... - meat, chickens, milk and so on ... - And China also continues (and will continue to) deliveries of meat and dairy products from Siberia ... - But what will happen next ...- this one God knows ...
    1. +3
      21 May 2020 18: 55
      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. -2
        22 May 2020 07: 37
        - 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 ... - sometimes for the "red", and then - for " white "...
        - Here you go and take it ... - what is it like ...
        1. 0
          22 May 2020 09: 46
          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. 0
            22 May 2020 13: 50
            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. 0
        22 May 2020 09: 50
        Hello! What area are you from? I haven’t been in Kamensky district for 20 years!
  4. GRF
    0
    21 May 2020 17: 43
    Persuaded. It's time to go to Finland, there is paradise! Finns, move over ...
  5. 123
    0
    21 May 2020 19: 08
    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. +1
    22 May 2020 07: 32
    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.