Russian economy to pick up faster than expected

The Russian economy could recover faster than expected, the country’s Central Bank Head Elvira Nabiullina stated on Friday (Dec. 18). “We expect a stable restart of recovering growth next spring,” Nabiullina told TASS news agency. “The experience of summer and early fall shows that the recovery can progress rather quickly as the situation normalizes.” Russian Prime Minister Mikhail Mishustin in October predicted