Russian Economic Policies Face Internal Criticism Amid Overheating Concerns
Key officials warn that nationalizations and military spending are straining the economy, risking investor confidence and driving inflation.
- Top Russian officials criticize the Kremlin's nationalization policy and military spending.
- Sberbank CEO Herman Gref warns of an overheated economy and high production capacity utilization.
- Central Bank Governor Elvira Nabiullina highlights risks to investor confidence due to asset seizures.
- Russia's inflation rate rises to 8.17%, driven by labor shortages and high demand for military goods.
- Finance Minister Anton Siluanov defends asset seizures, stating the state plans to sell them.