The Russian economy is on the brink of collapse and Putin needs a deal more than ever
- Posted on March 13, 2025
- By The Independent
- 4 Views
The Russian economy is on the brink of collapse and Putin needs a deal more than ever
The Russian ruble has lost over half of its value in a decade and inflation is rampant - with electricity up 250 per cent and interest rates at 21 per cent. As its citizens become increasingly impoverished, the key to peace will be Putin’s finances, says Owen Matthews
