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Russia on shaky ground in its ability to service foreign debt

Russia Russia on shaky ground in its ability to service foreign debt The restrictions imposed to support the ruble and Russia’s financial markets have made it difficult for firms to conduct normal f...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022

Ruble and stock markets tumble on Russia’s February 24 invasion of Ukraine

Russia Ruble and stock markets tumble on Russia’s February 24 invasion of Ukraine The ruble’s exchange rate has fallen to historical lows this week. Western sanctions have blocked the Central Bank o...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022

Russia’s unprovoked attack on Ukraine draws massive economic sanctions from the West

Russia Russia’s unprovoked attack on Ukraine draws massive economic sanctions from the West The new sanctions include restrictions on the financial sector, export bans and sanctions targeting specif...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022

Death rate in Russia hit historical high last year; covid infections soar

Russia Death rate in Russia hit historical high last year; covid infections soar Preliminary Rosstat figures put Russia’s population at the end of 2021 at 143 million people (does not include popula...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022

Industry recovers in Russia's federal districts, while retail sales continue to contract

Industry recovers in Russia's federal districts, while retail sales continue to contract Industrial output increased in 2016 in all of Russia's federal districts (FD), which encompass numerou...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

Bank profitability improved in Russia, even with a decline in corporate borrowing

Bank profitability improved in Russia, even with a decline in corporate borrowing Figures from the Central Bank of Russia show total banking sector assets nominally declined last year by 3.5 %. If ru...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

Extraordinary budget measures in Russia boosted federal revenues and expenditures in late 2016

Extraordinary budget measures in Russia boosted federal revenues and expenditures in late 2016 Budget revenues were significantly increased with the sale of a minority stake in state oil giant Rosnef...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

New data show distinctly milder recession in Russia than earlier reported

New data show distinctly milder recession in Russia than earlier reported Revised Rosstat GDP figures for 2015 show GDP contracted just 3 %, rather than 3.7 % as reported earlier. The new figures for...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017

BOFIT 25th Anniversary Conference examines evolutionary paths of Russia and other post-communist systems

BOFIT 25th Anniversary Conference examines evolutionary paths of Russia and other post-communist systems The first keynote address, delivered by Professor Gerárd Roland (University of California...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Russia's special supplement to defence spending also affects next year

Russia's special supplement to defence spending also affects next year In the budget policy framework for 2017‒2019, the finance ministry foresees that defence spending will decrease sharply afte...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Employment in Russia returns to pre-recession levels as unemployment drops to historical lows

Russia Employment in Russia returns to pre-recession levels as unemployment drops to historical lows The 2020 recession was brief and rather shallow, causing the number of employed persons to declin...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022

Russia launches action plan until 2025 under its programme of population policy

Russia Russia launches action plan until 2025 under its programme of population policy The plan is the final phase of the population policy guideline approved by president Vladimir Putin in 2007. In...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021

With covid cases soaring, Russia implements short partial lockdowns on several parts of the economy

Russia With covid cases soaring, Russia implements short partial lockdowns on several parts of the economy Following a cabinet recommendation, president Vladimir Putin last week decreed paid leave d...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021

Russia’s government budget expected to show surpluses as efforts are ahead to slow spending growth

Russia Russia’s government budget expected to show surpluses as efforts are ahead to slow spending growth At the end of September, the federal budget and the budgets for the state’s three social fun...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021

Government subsidies keep Russia’s inefficient car producers on life support

Government subsidies keep Russia’s inefficient car producers on life support The economy ministry last week released a study that found that Russia’s car industry received state subsidies of about 40...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Russia imposes new procurement restrictions on the public sector and state enterprises

Russia imposes new procurement restrictions on the public sector and state enterprises Most public sector food procurement (including fish, meat, milk and rice) must now favour domestic producers (Eu...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

BOFIT Russia forecast sees slow recoveries for the economy and imports

BOFIT Russia forecast sees slow recoveries for the economy and imports The GDP contraction in the first half was mild (less than 1 % y-o-y), given that the oil price was 30 % lower than in 1H15 and o...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Consumption continued to fall in Russia in August; production picked up slightly

Consumption continued to fall in Russia in August; production picked up slightly The volume of retail sales (seasonally and workday-adjusted) has fallen for 20 consecutive months. Retail sales were d...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Fixed investment in Russia increasingly goes to oil & gas production

Fixed investment in Russia increasingly goes to oil & gas production The total volume of fixed investment fell over 4 % y-o-y in the first half of this year (down over 8 % in 2015). Rosstat estim...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016

Russia-US economic relations unlikely to improve under the new US administration

Russia Russia-US economic relations unlikely to improve under the new US administration The long-prevailing modest state of economic relations between Russia and the United States has been further c...

Subject: Russia ; Venäjä

Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020