The Kyiv Post welcomes feedback about our new website and we stand ready to fix any problems users might encounter in our test phase. Contact us at: news@kyivpost.com or +38-044-591-3344. Thank you!

Share Tweet Pocket Add to Bookmarks
You're reading: Russia’s economy pays for Putin’s aggression
Popular
on social media

Still, despite the light sanctions so far from Western democracies, Russia has suffered more than $50 billion capital flight in the first three months of the year, a nine percent ruble devaluation and a mild recession.

The military invasion and annexation of Ukraine’s Crimean peninsula in March, followed by Russia’s support of separatists in Ukraine’s southeastern regions, is spooking investors. Investors are seeking alternative places for their capital since Russian securities do not look too attractive in light of possible introduction of harder sanctions by the West.

The International Monetary Fund revised its Russia’s economic growth forecast for 2014, cutting it from 1.3 percent to 0.2 percent. By comparison, the IMF expects the Chinese economy to grow by 7.5 percent this year.

Exclusive article

Select your subscription plan now and gain access to all exclusive content on KyivPost.com.

See All Plans
$5.95
per month
Website

Gain access to all exclusive Kyiv Post stories and opinions online.

Subscribe
$9.95
per month
Unlimited

Weekly delivery of the newspaper, unlimited access to all exclusive content on KyivPost.com.

Subscribe
Advertisement

Add comment

Sorry, you must be logged in to post a comment.
More in this section
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: