Russian economy sees year-end bounceback

EPA/SERGEI ILNITSKY

Workers control finished products during the opening the new line for producing processed cheese on the Valio factory in village Ershovo, Moscow region, Russia, March 2, 2016.

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Russia’s Economic Development Minister Alexey Ulyukayev said his country’s economy would return to growth by the end of 2016, a target that Russian analysts view as realistic. “We expect that in the end of the second quarter we will return to growth,” TASS quoted Ulyukayev as saying at a meeting with representatives of business community of Slovakia.

Natalya Orlova, chief economist at Russia's Alfa Bank, told New Europe on May 25 that a return to growth this year “is realistic because most li...


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