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Post2018-08-07, 07:18    Quincy Wilson Jersey Odpowiedz z cytatem
MOSCOW, Sept. 22 (Xinhua) -- Russia managed to survive the economic crisis due to a system of anti-crisis measures, and the results were better than most forecasts, Prime Minister Dmitry Medvedev said in an article published Thursday.


He partly attributed the success to Russia's adherence to fundamentals for macroeconomic stability during a time of crisis.


"The federal budget is coping with the severe challenges ... The share of income not related to the oil and gas amounts to almost 60 percent. It's a different economic model," according to Medvedev's article published in "Voprosy Ekonomiki," a theoretical and practical journal in Russia.


"It was predicted that Russia would face an uncontrolled crisis, an inflationary spiral and a prolonged fall of the ruble, a long and deep slump in production; overall, a catastrophic scenario," Medvedev said, adding that none of the above happened because of responsible decisions made by the government.


At the same time, Medvedev emphasized that political stability is the main condition for Russia's steady economic growth.


Social support will be constantly in the focus of the government's attention. However, the best way to promote the country's welfare is to pursue steady growth, according to Medvedev's article.


Medvedev also mentioned that "it is very important that the new State Duma provides a legal platform to respond to economic challenges facing the country."


Russia's ruling United Russia party won an overwhelming victory in Sunday's parliamentary elections with over 54 percent of the vote, enabling a constitutional majority in the State Duma.



PARIS Dalton Schultz Jersey , Nov. 13 (Xinhua) -- Economic growth in France rebounded by 0.3 percent during the third quarter of the year compared to zero growth recorded a quarter earlier, the National Institute for Statistics and Economic Studies (INSEE) said Friday.


Over the third quarter, growing household consumption and higher investments helped the eurozone's second largest economy to accelerate its gross domestic product (GDP) by 0.3 percent.


In its quarterly economic report Dorance Armstrong Jr. Jersey , INSEE data showed a recovery in consumer expenditure which grew by 0.3 percent compared to the second quarter of the year.


Recording a rise for the sixth consecutive month, enterprise investment was up by 0.7 percent, driving up total investment by 0.1 percent for the July-September period after it had lost momentum a quarter earlier.


With an improved domestic business climate Michael Gallup Jersey , manufacturing output grew 0.3 percent compared to a 0.6 percent fall in the second quarter on boosted coke and refined petroleum activity, the report added.


"The figure published this morning confirms that in 2015 we left the very low growth period that France witnessed since the end of 2011," said French Finance Minister Michel Sapin.


The positive quarterly economic performance backed the government's forecasts of 1.1 percent growth this year and 1.5 percent in 2016 Chaz Green Color Rush Jersey , he added.



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