German newspaper: Russian economy on the rise despite sanctions
(VOVWORLD) -Despite sanctions and a drop in oil prices, the economy of Russia has grown, German newspaper Frankfurter Allgemeine Zeitung (FAZ) noted.
 Moscow sights (Photo: Sputnik) |
According to the Russian Federal State Statistics Service (Rosstat), the Russian economy grew 2.5 percent in the second quarter of this year, the highest rate since 2012 thanks to a growth in construction and industry. Economists say the growth proves Russia’s economic stability, adding that Russian trade is trending positively despite a decrease in the agriculture sector.