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One Of Russia's Top Bank Execu...

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One Of Russia's Top Bank Executives Says Country's Economy May Take Decade To Recover From Sanctions

RedFM News
RedFM News

05:12 17 Jun 2022


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One of Russia's top bank executives says the country's economy may take a decade to recover from crushing Western sanctions.

Herman Gref estimates the countries who've severed ties with Moscow over its invasion of Ukraine were responsible for 56-percent of its exports and 51-percent of imports.

He has described the bulk of the economy as being "under the fire."


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