Russia's economy ministry said on Jan. 31 it expected gross domestic product to fall 3 percent this year, more optimistic than many analysts' forecasts of a 4-5 percent drop.
Reuters: Russian government sees 2015 GDP down 3 percent, more optimistic than other forecasts
Russian Economy Minister Alexei Ulyukayev (C) speaks with journalists before a meeting of the State Council at the Kremlin in Moscow on September 18, 2014.