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We found 2 dictionaries that define the word Great Recession in Russia:

General (2 matching dictionaries)
  1. Great Recession in Russia, Great Recession in Russia: Wikipedia, the Free Encyclopedia

Definitions from Wikipedia (Great Recession in Russia)

noun:  a crisis during 2008–2009 in the Russian financial markets as well as an economic recession that was compounded by political fears after the war with Georgia and by the plummeting price of Urals heavy crude oil, which lost more than 70% of its value since its record peak of US$147 on 4 July 2008 before rebounding moderately in 2009.


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