Russian Economy Faces 10 Years of Recession Without Reforms – Sberbank CEO

INSUBCONTINENT EXCLUSIVE:
The Russian economy will return to 2021 levels in a decade unless the country takes reform measures amid unprecedented Western sanctions
Bank Governor Elvira Nabiullina said at a SPIEF event Thursday
European market under pressure from EU sanctions, which were tightened in May to include its expulsion from the international payment system
sanctions in April banned business with the bank and froze its assets in the U.S