Key Takeaway
Andrei Klepach of VEB said Russia’s economy was falling behind China, US and ‘in some respects Ukraine’The chief economist at Russia’s second largest bank has been fired after a series of critical comments about the state of the economy, including warnings that Moscow would not win a prolonged economic war with Ukraine. Andrei Klepach, who had served in the role…
Published August 17, 2026 · Category: News
Overview
Andrei Klepach of VEB said Russia’s economy was falling behind China, US and ‘in some respects Ukraine’
The chief economist at Russia’s second largest bank has been fired after a series of critical comments about the state of the economy, including warnings that Moscow would not win a prolonged economic war with Ukraine.
Details
Andrei Klepach, who had served in the role at the state-controlled development bank VEB since 2014, was fired days after Russian media reported on a scathing speech he had delivered to fellow economists in May.
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Source
Originally published at www.theguardian.com.
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What is "Senior Russian banker fired after warning over wartime economy" about?+
Andrei Klepach of VEB said Russia’s economy was falling behind China, US and ‘in some respects Ukraine’The chief economist at Russia’s second largest bank has been fired after a series of critical comments about the state of the economy, including warnings that Moscow would not win a prolonged economic war with Ukraine.Andrei Klepach, who had served in the role at the state-controlled development bank VEB since 2014, was fired days after Russian media reported on a scathing speech he had deliver
Who reported this story?+
This story was reported by The Guardian World.