‘This party is almost over’, expert says as Russia slashes 2025 forecast

Russia has cut its 2025 economic growth forecast amid high interest rates and spending on the war in Ukraine. Speaking on FRANCE 24, Alexander Kolyandr, Senior Fellow with the Democratic Resilience Programme at the Centre for European Policy Analysis, says that the stimulus provided by spending for the war in Ukraine ‘cannot last forever’, and that ‘this party is almost over’ as wages stagnate and inflation remains at historic highs.