The boss of Russia's biggest bank said the country's economy is 'definitely and strongly overheated'

• Russia's economy is "definitely and strongly overheated," said Sberbank CEO Herman Gref.
• Gref said it's "impossible" to exceed the current production capacity, which is at 84%.
• Russia's sanctions-hit economy grew 3.6% GDP last year, driven by wartime activities.

Russia's economy appears to have an intensifying issue following more than two years of war with Ukraine: It's overheating.

Herman Gref, the CEO of Sberbank — Russia's largest bank by assets value — said the country's economy is "definitely and strongly overheated," TASS state news agency reported on Tuesday.