Residential house prices across Russia could fall by up to a third over the next two years, a Russian housing think tank has said, the Moscow Times writes.
Despite government subsidies to provide cheap mortgages, and a rapid boom in the affordability of houses over the last decade, the economic...
The introduction of new legislative standards for the regulation of labor in remote work requires discussion and elaboration with trade unions and employers, as announced on Friday by TASS, citing the Ministry of Labor.
“With the spread of such forms of employment as remote work, more precise legislative regulation of...
A Moscow court detained for the former chairman of the board of directors of Baltica Bank and Inkredbank Oleg Vlasov. According to Kommersant, he is now a defendant in the investigation of the withdrawal of money from Russia, RIA Novosti informs.
Earlier, the Ministry of Internal Affairs indicated the Moldovan...
The Bitcoin exchange rate on Friday for the first time since February of this year crossed the psychological threshold of $10,000 as evidenced by the data of the electronic cryptocurrency exchange Coindesk.
As of 03:17 Moscow time, the Bitcoin exchange rate has declined and is trading at $9,930 (+ 8.19%)....
Sberbank announced a reduction in mortgage interest rates, Kommersant reported. Clients will be able to purchase an apartment in a new building at a mortgage rate of 6.2%, in the secondary market - from 8.1% per annum, the bank’s website said in a statement.
Thus, the reduction in rates for...
Thursday, May 7 marks the 20th anniversary of Vladimir Putin’s first inauguration as the president of Russia, TASS reported.
"I realize that I had assumed huge responsibility, and I know: in Russia, the head of state has always been and will be in charge of everything that is going on...
The Ministry of Transport has submitted proposals to the government on new measures to support the industry. These included a reduction in the tax burden and investment access to credit. The support itself will now extend to freight vehicles, urban electric vehicles, train stations, and bus stations, Kommersant reported.
The...
Russian President Vladimir Putin on Wednesday will chair a meeting on the coronavirus situation in the country.
Kremlin Spokesman Dmitry Peskov told TASS earlier that the meeting’s participants would particularly discuss ways to gradually lift lockdown restrictions.
Putin held an online meeting with regional governors on April 28, handing down instructions...
Russian business ombudsman Boris Titov expects that enterprises, including restaurants, shops and museums that had to close due to the coronavirus pandemic to resume operations from mid-May, TASS reported.
"I hope that starting May 12-15, part of the businesses will start to resume their operation. This applies to certain restaurants,...
The European Commission expects Russia's GDP to decline 5% in 2020 due to the consequences of the coronavirus pandemic, which is more than double the 2.3% decline in 2015 caused by falling oil prices and Western sanctions, TASS reported.
This assessment is contained in the European Commission's spring economic forecast...
