Russia's economy shrank by 2 percent in the first three months of this year under the pressure of sanctions and the weak oil price, Russian Prime Minister Dmitry Medvedev says.
2015 Economic Crisis
BBC: Russian economy shrinks two percent as sanctions bite
Russian President Vladimir Putin (C) looks on as Rosneft President Igor Sechin (R) shakes hands with Seadrill Vice-President and a director Tor Olav Troim (L) during an agreement signing ceremony at the St. Petersburg International Economic Forum 2014.
