By Vladimir Soldatkin and Guy Faulconbridge ST PETERSBURG, Russia (Reuters) -Russian President Vladimir Putin on Friday dismissed claims the war in Ukraine is devastating the Russian economy, citing continued growth,

Russia's Center for Macroeconomic Analysis and Short-Term Forecasting said in a statement this week: "It seems that an 'an economy of stagnation' has formed." What Happens Next. T

Economy Minister Maxim Reshetnikov said earlier during the St. Petersburg Economic Forum that the economy is “on the verge of going into a recession.”