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Putin Knew About the Economic Collapse. The Kremlin Admitted It for the First Time

Summary by Novinky.cz
The Russian economy is shrinking, and the Kremlin admits it. Spokesman Dmitry Peskov said on Thursday that the Russian leadership had expected the GDP decline in advance and that it had been discussed several weeks ago at an economic meeting with President Vladimir Putin. The economic slump did not surprise the Kremlin.

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The Russian economy is shrinking, and the Kremlin admits it. Spokesman Dmitry Peskov said on Thursday that the Russian leadership had expected the GDP decline in advance and that it had been discussed several weeks ago at an economic meeting with President Vladimir Putin. The economic slump did not surprise the Kremlin.

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Novinky.cz broke the news on Friday, May 1, 2026.
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