German firms in no rush to leave Russia – envoy ...News

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German firms in no rush to leave Russia – envoy
Russia continues to be an attractive market for foreign companies, Moscow's ambassador to Germany says The Russian economy has proven resilient despite sanctions, and German businesses are reluctant to leave the market despite pressure from the government in Berlin, Russia’s ambassador to Germany said in an interview with the news website Lenta.ru, published last week. According to Sergey Nechayev, the German economy has entered a phase of technical recession and its economic outlook is “depressing.” GDP fell 0.3% in the first quarter of 2023, after a 0.5% contraction in the last quarter of 2022. “On the contrary,

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