MOSCOW - The Russian economy will rebound and the ruble will stabilize, Russian President Vladimir Putin said on Dec. 18 at his annual press conference. He said the current crisis could last two years at most, but the economy could recover faster if external factors change for the better. Putin said the government and the Central Bank are generally working correctly to deal with the current economic woes, albeit some of their action was belated.
Russia's War Against Ukraine
Associated Press: Putin says Russian economy will recover
Russian President Vladimir Putin speaks during his annual press conference in Moscow on December 18, 2014.
