Russia's War Against Ukraine OP-ED

Paul Roderick Gregory: The Russian decline is accelerating: GDP down 4.3% in first quarter

By Paul Roderick Gregory.

Published May 30, 2015 at 10:34 am

Russian Prime Minister Dmitry Medvedev visits the Museum of the Great Patriotic War at Poklonnaya Gora in Moscow on April 28, 2015. AFP PHOTO / KIRILL KUDRYAVTSEV

Photo by AFP

In his annual address to parliament on April 21, Russian president Dmitry Medvedev reported that gross domestic product (GDP) had declined 2 percent in the first quarter.