On August 18, 2016 Finam organized the online conference “Russian Economy: August Anxiety“, dedicated to the current economic situation in Russia. Participants of the conference discussed the probability of default in the current conditions, comparing the current situation with the crisis of 1998. The agenda of discussions also included issues relating to the factors to overcome the recession and return to growth.
Among the issues investment climate issues were raised. According to conference participants, structural imbalances in the economy and weak investment climate will hinder the development of the real sector of the Russian Federation. In turn, this will remain a barrier to investments, which provide the basis for the future growth of the Russian economy.
The conference was attended by representatives of the business and academia. The EGSG experts also participated in the discussions.