A recent survey of the Economic and Commercial Department of the Greek
Embassy in Moscow presents the economic situation in Russia as finding its way
forward under the conditions of
sanctions as well as of considerable lower oil prices: -a 1,5% GDP growth of
2017 is being followed by approximately
the same growth in 2018, the inflation remains at a low level(Russia ranked #10
in the world by yearly inflation rate), while as it is shown by the Work Bank’s
review the business environment in the country is permanently improving so that
Russia ranked 35 by the Doing Business index(from the 124 ranking in 2011).
However problems still remain, related mainly to the still wage legal
business environment, the considerable high corruption level as well as the
inefficient public administration ..
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