Developing the resource-rich Far East is among the most critical tasks, according to the president The role of the Far East in Russia’s economic future and the country’s position in a multipolar world is of utmost importance, President Vladimir Putin stated on Tuesday at the Eastern Economic Forum (EEF) in Vladivostok. According to Putin, the…

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The European Commission (EC) has substantially raised its growth projection for the Russian economy this year, issuing revised figures in its Autumn 2023 Economic Forecast released on Wednesday. Russia’s economy is set to rebound on the back of “stronger-than-earlier expected domestic demand underpinned by fiscal stimulus,” according to the EC.