Mr. Ben Aris serves as Editor-in-Chief at Business New Europe. He is an Eastern Europe specialist. The third longest serving foreign correspondent in Russia, he lived and worked in Moscow between 1993-2003, where he was bureau chief for the Daily Telegraph as well as a contributing editor at The Banker, Euromoney and The Business. He is also a regular contributor to many of the best-known international business titles such as The Wall Street Journal, The Financial Times, Institutional Investor and many others. In 2003, He moved to Berlin as acting bureau chief for the Guardian before founding Business New Europe and covering all of CEE, although his main focus remains Russia.
Content by Ben Aris
The combination of Western sanctions and an oil price collapse has inflicted a great deal of pain on the Russian economy but the latest opinion polls still show 85 per cent support for Putin and there is debate over just how much of an economic collapse Russian may be facing. In this context,...
Ben Aris argues that whilst the economic outlook for Russia in 2015 is bad, it is not disastrous. Russia still has the means to manage the current combination of a falling rouble and low oil prices, but requires major reforms if it is to avoid long-term stagnation.