RBC: The IMF estimated the losses of Europe in the cessation of Russian gas supplies
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The economic prospects of European countries have deteriorated amid rising gas prices and higher costs for enterprises, as well as an 80% reduction in the supply of Russian resource, said… PRIME, 10/15/2022
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RBC: The IMF estimated the losses of Europe in the cessation of Russian gas supplies
MOSCOW, 15 Oct – PRIME. The economic prospects for European countries have deteriorated amid rising gas prices and rising costs for enterprises, as well as an 80% reduction in Russian resource supplies, said Alfred Kammer, director of the European department of the International Monetary Fund (IMF). It is reported by RBC.
The IMF predicted a “deep recession” for the Russian economy
“GDP growth in advanced European economies will decline from 3.2% in 2022 to 0.6% in 2023 <…>. 2022 to 1.7% in 2023,” he said.
According to Cramer, in 2023 inflation is expected to decrease in European countries.
The IMF representative noted that the figure will be about six percent in advanced economies and 12% in developing countries.
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