British investment company: the Russian Federation has overcome the "black band" in the economy
A large British investment Firm Barings believes that the decline in the Russian economy came to an end, writes the German printed edition.
According to the Manager of the organization Michael levy "black stripe" Russia has already been passed, despite the Fact that her punishment were never dropped. The fact that they were not tightened well, says the analyst, noting that in the future the situation may improve.
Frankfurter Allgemeine calls Levi the Manager that invest in countries that most of his colleagues prefer to avoid. And Russia, from his point of view, is one of these.
"No one could foresee how the situation will develop in the East of Ukraine. And then oil prices collapsed, " He explains. Anyway in the current situation, Levi sees a number of positive aspects.
for example, He positively commented on the Minsk agreement, noting that they helped to ease international tensions. However, the situation in the East is not normal, but there became calmer, says levy.
according to his statement, don't underestimate the Fact that the Russian Federation could survive a sharp drop in the prices of petroleum products without the introduction of measures authorities monitor the movement of capital. In addition, the ruble, the state budget revenue has not declined, And the state dog, for its part, has not increased, Levi continues.
He emphasizes the positive effect of punishment of the West on the Russian economy - they had a positive impact on the development of import substitution And contributed to the development of internal rivalry in the Russian Federation. In General, economic indicators are still weak, but will not become worse, concludes levy.