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▶youtube BusinessEconomy first seen 10 h ago, last 26 min ago, peak #5

Russian state paper urges unpopular economic measures after election

Original: Russian paper: “The election’s over. It’s time for unpopular measures.”

Russian media are signalling that hard economic decisions are coming now that the presidential election is out of the way. A widely shared line in the Russian press reads: "The election's over. It's time for unpopular measures." The remark, highlighted by the BBC's Steve Rosenberg, is being read as a warning that Russians should brace for tax rises or spending cuts once the vote no longer constrains the Kremlin.

Why now: The comment suggests the Kremlin may now push through painful fiscal measures it avoided before the election, fuelling debate about the economy's future.

RussiaSteve RosenbergBBC

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