The Russian economy expanded beyond expectations last year, and is on course for further growth in 2024 Western sanctions on Moscow have failed to destabilize the Russian economy, according to Lithuanian President Gitanas Nauseda. Speaking at the Munich Security Conference on Saturday, Nauseda pointed to macroeconomic indicators which plainly signal that the country’s economy remains stable. According to the latest official figures, Russian GDP climbed by 3.6% in 2023, outpacing both the US and EU, and the country’s authorities expect growth of at least 2.3% this year. “We have to admit that those thirteen sanctio
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