20:42 GMT +3 hours24 May 2016
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President Putin holds meeting on economic issues

Putin Holds Late-Night Economic Meeting

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Putin held a government meeting on the economic situation in the country.

MOSCOW (Sputnik) – Russian President Vladimir Putin held a government meeting on the economic situation in the country, Kremlin spokesman Dmitry Peskov said.

"The President held a meeting on the current issues of the country’s economy, as well as various aspects of medium-term development," Peskov said on Friday.

The meeting was held late on Thursday night and was attended by Prime Minister Dmitry Medvedev, Finance Minister Anton Siluanov, Economic Development Minister Alexei Ulyukayev and Russia's Central Bank head Elvira Nabiullina, among others.

Earlier on Thursday, Peskov announced that Putin would discuss the economic situation in the country with a tight circle of officials.

Russian economy suffered a setback in 2014, as the ruble lost about half of its value against the dollar amid low global oil prices and Western economic sanctions imposed against Russia over the situation in Ukraine.

Last month, Russian Economic Development Minister Alexei Ulyukayev said the country’s economy might see renewed growth in 2016.

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Elvira Nabiullina, Anton Siluanov, Alexei Ulyukayev, Dmitry Peskov, Vladimir Putin, Russia
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  • professor.hornblow
    There's much hyper-ventilation from the US banksters about their imagined collapse of the Russian economy, disappearing food from supermarket shelves and unpaid bills. This is Hollywood at its best; the cardboard economy of the US cannot match the resilience of the Russian people as they diversify away from Eurotrash food products and American porn technology. The reality is that, although metropolitan Russians are amused by imported western lifestyle habits, the attention of the wider population is not directed at the declining stocks of Coca-Cola, but at the revival of Russian confidence in its age-old ability to withstand western oppression and in doing so, create a new, vibrant nation.
  • ptcjmin reply toprofessor.hornblow(Show commentHide comment)
    professor.hornblow, "eurotrash food products and declining stocks of Coca-Cola......."
    Such an excellent way to put it, thank you.
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