Gref: we do not expect a repeat of the economic crisis in Russia

Wheat instead of oil. Experts predicted Russia end the crisis and GDP growth

The head of Sberbank German Gref believes that the economic crisis in Russia will not be repeated, RIA Novosti reported.

“If we talk about the short term, we do not expect any repetition of the crisis”, – said Gref media representatives on the sidelines of the security conference held in Munich.

He also expressed the opinion that the Russian economy has emerged from recession and a severe crisis of 2015 – beginning of 2016. “Economically speaking, we are caught in stagnation. Economic growth this year we expect 1% to 2%,” said Gref.

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