bursa.ro: EBRD: Russia’s economy will grow by 4.2% in 2012


May 21, 2012
The European Bank for Reconstruction and Development (EBRD) maintains at 4.2% its estimate on Russia’s economic expansion in 2012, according to the announcement made by the bank at the end of last week, RIA Novosti informs. For 2013, the EBRD estimate on Russia’s economic advance is of 4.3%. We should also mention that Russia’s ministry of economic development has downgraded the country’s growth estimate in 2012 to 3.4%, as stipulated in April. The International Monetary Fund anticipates that the Russian Federation will record an economic expansion of 4%.