Russia's economic growth surpasses the US and China, leading Europe

Ngọc Vân |

Russian President Vladimir Putin said that Russia leads economic growth in Europe according to international organizations.

At his annual press conference on December 19, Russian President Vladimir Putin said that international financial and economic organizations ranked Russia first among European countries in terms of economic size by purchasing power parity (PPP) and fourth in the world.

"We have surpassed China, the United States and India. Last year we surpassed Germany and this year we have surpassed Japan," President Putin emphasized.

However, Mr Putin warned that Russia should not be complacent with its economic achievements, despite the European economy being "asleep". He said other countries were still developing and moving forward.

"Everything is changing, everything is moving forward positively. If the eurozone has fallen asleep, there are other global development centres - they are moving forward," Mr Putin said.

President Putin affirmed that the Russian economic situation is stable and economic growth in 2024 is expected to reach 4%.

"Unemployment in Russia is at a record low of 2.3%, which has never happened before," the Kremlin leader said.

In addition, the real income of Russian people has also increased. "Real wages have increased by 9%. I want to emphasize that this is an increase after deducting inflation. People's disposable income has also increased. In general, this situation is stable and reliable," Mr. Putin said.

The president also mentioned that by 2025, Russia's GDP growth is expected to reach 2% to 2.5%.

"I have already said that our economic growth is largely due to the strengthening of sovereignty. This is the most important factor for our country, because if we lose sovereignty, we lose our state. And the strengthening of sovereignty is the result of economic development," President Putin emphasized.

The president also noted that foreign attempts to sabotage the Russian economy have been unsuccessful. "The economic situation is not only a measure of domestic success, but also a factor that demonstrates the country's strength and ability to cope with external pressures," the Russian leader pointed out.

Ngọc Vân
TIN LIÊN QUAN

2 million questions waiting for Mr. Putin to answer at the year-end press conference

|

AI technology was first used at Russian President Vladimir Putin's year-end press conference on December 19.

Indifferent to the risk of losing Russian gas, the EU will suffer the consequences

|

Slovakia leads efforts to maintain Russian gas flows to Europe while the EU stays out.

Russia develops new missile as powerful as nuclear weapons

|

Russia is in the final stages of developing a series of new strategic missile systems with superior power, no less than nuclear weapons.

EU pays immediate price for cutting off Russian gas through Ukraine

|

Gas prices increased the most in a month after the EU announced that it was no longer interested in maintaining Russian gas through Ukraine.

Support rate for Ms. Paetongtarn to be reappointed as Prime Minister of Thailand

|

With Prime Minister Paetongtarn Shinawatra suspended from office, Thailand is facing a major turning point with 3 potential scenarios.

Suspected captain intentionally cut off fuel in plane crash in India that killed 260 people

|

The cause of the passenger plane crash in India last month was believed to be the fuel switch turned off after takeoff, but it is unclear who was behind it.

What did Phuong My Chi say about the information about 3rd place in the Sing final! Asia

|

Phuong My Chi's advances at Sing! Asia is receiving great attention from the public, especially when the female singer was present in the second semi-final.

2 million questions waiting for Mr. Putin to answer at the year-end press conference

Khánh Minh |

AI technology was first used at Russian President Vladimir Putin's year-end press conference on December 19.

Indifferent to the risk of losing Russian gas, the EU will suffer the consequences

Song Minh |

Slovakia leads efforts to maintain Russian gas flows to Europe while the EU stays out.

Russia develops new missile as powerful as nuclear weapons

Ngọc Vân |

Russia is in the final stages of developing a series of new strategic missile systems with superior power, no less than nuclear weapons.

EU pays immediate price for cutting off Russian gas through Ukraine

Song Minh |

Gas prices increased the most in a month after the EU announced that it was no longer interested in maintaining Russian gas through Ukraine.