Corruption dies hard in Russia
Russia Corruption dies hard in Russia Russia has performed equally worse in Transparency International’s (TI) Corruption Perception Index rankings during recent years. Russia’s overall point score h...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia ratifies Caspian Sea accord
Russia Russia ratifies Caspian Sea accord The five littoral states of the Caspian Sea (Russia, Kazakhstan, Turkmenistan, Iran and Azerbaijan) negotiated for two decades on territorial demarcation an...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia posts record grain harvests
Russia Russia posts record grain harvests By the conclusion of the harvest season on November 1, over 135 million metric tons of grains and other grain staples had been harvested – an all-time recor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Capital outflows from Russia paused
Russia Capital outflows from Russia paused Capital outflows from Russia paused Preliminary 2Q17 balance of payments figures indicate that the net private sector capital flow turned slightly in favo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
EU and Russia extend sanctions
Russia EU and Russia extend sanctions EU and Russia extend sanctions The EU Commission decided on June 28 to keep economic sanctions targeting specific sectors in place until January 31, 2018. The ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia's economic recovery: waiting
Russia's economic recovery: waiting Rosstat reports that seasonally and workday-adjusted industrial output recovered in March, after a weak February. In the first quarter, industrial output was v...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia revises industrial output data
Russia revises industrial output data Rosstat's 2015 figures for GDP production components were revised upwards earlier this winter, and the 2016 figures were less negative than expected. Both ou...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Tepid growth outlook for Russia
Tepid growth outlook for Russia The January update of the IMF's World Economic Outlook sees a slightly stronger revival in growth for advanced economies than in its October forecast, but the glob...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia’s economy minister arrested
Russia’s economy minister arrested Russia’s Federal Investigative Committee announced very early Tuesday morning (Nov. 15) that economy minister Alexei Ulyukayev had been detained. It was further not...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Household borrowing up in Russia
Russia Household borrowing up in Russia Bank lending overall saw a slow recovery in the first half of the year. CBR figures show Russia's credit stock was up 3.4 % y-o-y at the end of June. Corp...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Domestic demand in Russia recovers
Domestic demand in Russia recovers Rosstat reports that the seasonally adjusted volume of retail sales increased slightly in April. Sales were the same as a year ago. Because the recovery was precede...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia’s banking sector weakens
Russia’s banking sector weakens The troubles of the real economy are beginning to manifest in banking sector performance. While banks overall are still profitable, the number of loss-making banks ros...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia foregoes daylight savings time
Russia foregoes daylight savings time In line with the Duma’s decision last summer that Russia would remain on standard time year round, Russians last Sunday did not “spring forward” an hour like the...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s creditworthiness battered again
Russia’s creditworthiness battered again Last Friday (Feb. 20), the international credit ratings agency Moody’s lowered its rating of Russian foreign-currency government sovereigns from their lowest ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Fitch downgrades Russia’s creditworthiness
Fitch downgrades Russia’s creditworthiness International credit ratings specialist Fitch announced last Friday (Jan. 9) that it had cut its ratings on Russian sovereign debt from BBB to BBB-, Fitch’s...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Sanctions on Russia further tightened in June
Russia Sanctions on Russia further tightened in June The European Union, United States and United Kingdom expanded their economic sanctions on Russia in June. The new round of sanctions are intended...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
BOFIT Forecast for Russia 2024-2026 / 1
russia,forecast BOFIT Forecast for Russia 2024–2026 is published The Bank of Finland Institute for Emerging Economies (BOFIT) expects Russian economic growth to begin slowing this year. While 2024 g...
Bofit.fi / Bofit homepage / BOFIT / News / 2024
BOFIT Forecast for Russia 2023-2024 / 2
#Russia #forecast BOFIT Forecast for Russia 2023–2024 is published For the first half of this year, Russia’s economy clearly outperformed our previous forecast. While much of the up-side surprise ca...
Bofit.fi / Bofit homepage / BOFIT / News / 2023
BOFIT Forecast for Russia 2023-2024 / 1
Russia,forecast BOFIT Forecast for Russia 2023–2024 is published Russia’s unprovoked invasion of Ukraine and the economic sanctions imposed on Russia drove the Russian economy to the verge of crisis...
Bofit.fi / Bofit homepage / BOFIT / News / 2023
Significant weakening of Russia’s government finances
#russia Significant weakening of Russia’s government finances Budget revenues declined while spending still increased even after a pull-back Russia’s government budget revenues have slipped in recen...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023