German Gref, head of Sberbank, stated that Russia's economy is in 'technical stagnation' and needs to lower interest rates to avoid recession. GDP data indicates a slowdown, with inflation driven by the war in Ukraine. Gref suggests a key interest rate of 12% or lower is necessary for economic revitalization. Alexander Shokhin recommends a rate of 16%. The economy's performance is impacted by international sanctions and military actions. The Eastern Economic Forum is currently being held in Vladivostok. Teljes cikk (Euronews.com)