Russia: 'It's obvious our economy is growing' — Putin

Russian President Vladimir Putin said that direct foreign investment into Russia has doubled so far this year reaching $23 billion (€19.46 billion), at his annual press conference at the World Trade Centre in Moscow, Thursday. «This is the highest for the past four years,» said Putin adding that inflation has also reached a «record low in the modern history of Russia» amounting to 2.5 percent... Еще. «It is obvious our economy is growing,» he stated. Listing key statistics since he first took office, such as an increase in Russia’s GDP, the growth of the country's reserves and a fall in infant mortality and national debt, Putin said, «this has to mean something.» The event is Putin's 13th press conference and is being held in a live question and answer format. Among the accredited Russian and foreign media outlets are AFP, Bloomberg, Xinhua News Agency, CNN and the Guardian. Reporters from regional press outlets, such as Unknown Siberia and Arkhyz 24, will also have a chance to ask questions. Last year, 1,437 journalists were accredited for the event, with 48 of them managing to ask their questions. Putin answered 67 questions last year. This year 1,640 Russian and foreign journalists have been accredited. The 2008 press conference is still the longest ever — at four hours 40 minutes. Putin answered 106 questions during that event. The second longest presser was in 2012, lasting four hours 33 minutes.

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