Top officials in Russia have raised concerns about Kremlin moves to nationalize companies and an overheated economy in rare rebukes of Vladimir Putin's economic policy.On Tuesday, Herman Gref, the CEO of Russia's largest bank, Sberbank, warned about the negative effects of high state spending on the military to fund the war in Ukraine. 'Our economy is definitely overheated,' Gref told the Federation Council, Russia's upper house, on Tuesday, according to the Tass news agency.
Head of Russia's Central Bank Elvira Nabiullina, Finance Minister Anton Siluanov and Economy Minister Maxim Reshetnikov discussed these moves at the annual St. Petersburg International Economic Forum held in Putin's home city as Russia's answer to the Davos talking shop for the rich.
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