The economy is suffering from a gap between real inflation and unprecedented interest rates, the Sber CEO has said Russia risks stagflation and faces an economic slowdown, partly due to an overheated housing market, Herman Gref, the CEO of the country’s largest bank, Sber, has warned. Speaking at a Sber Investor Day on Friday, Gref noted that Russia’s economy has found itself in a “complicated situation,” with banks and borrowers bearing the brunt of the difficulties. He added that the economy

Tag-uri: Inflatie