Putin says Russia is tackling crisis successfully

Image
Reuters ST PETERSBURG, Russia
Last Updated : Jun 19 2015 | 5:42 PM IST

ST PETERSBURG, Russia (Reuters) - President Vladimir Putin said on Friday Russia was doing well in tackling its economic crisis, aggravated by Western sanctions over the Ukraine crisis and a fall in global oil prices.

Addressing an economic forum in the city of St Petersburg, he said that Russia's financial system and banking sector had adapted to the new conditions and that inflation had been taken under control.

(Writing by Vladimir Soldatkin, Editing by Timothy Heritage)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 19 2015 | 5:21 PM IST

Next Story