As a consequence of the 5.5 percent indexation, the average annual size of the old-age insurance pension for non-working pensioners will be 20,388 rubles by 2024, as mentioned in the Russian Trilateral Commission's (RTK) reports for assessing the Pension Fund of Russia's (PFR) budget for 2022, as well as...
Moscow has praised the restoration of talks between the EAEU (Eurasian Economic Union) and Indonesia on the creation of free trade zone, according to Russian Foreign Minister Sergey Lavrov, TASS informed.
Lavrov held a meeting on Tuesday with the his Indonesian counterpart Retno Marsudi to talk about education, cybersecurity, trade,...
According to the Rospotrebnadzor study on the condition of sanitary and epidemiological well-being of the population, the coronavirus epidemic cost the Russian economy a trillion rubles in 2020, Sputnik reports.
This figure excludes the loss of non-produced gross national product as a result of "deaths, permanent and temporary disabilities."
The cost...
The Russian Export Center's mission was started during the Innoprom 2021 event, with more than 350 meetings planned, according to the REC press office.
The business objective of REC will endure the whole four days of the forum. The expedition will include 34 Russian industrial exporters, with over 350 targeted...
David Chatillon, the general director of the Union of French Champagne Houses (UMC), could not rule out the prospect of the supply of French champagne to Russia being halted as a result of the new regulation.
The distribution division of Moet Hennessy told Russian partners in a letter that the...
The National Rating Agency (NRA) has prepared a baseline forecast, according to which the Russian economy will grow by 2-2.5% this year, Russian media informed.
Moreover, as stated by the general director of the NRA Alina Rozentsvet, this forecast includes the realization of the risks of the third wave of...
The average maximum interest rate on ruble deposits in the ten largest Russian banks, which attract the largest volume of deposits, in the third decade of June this year amounted to 5.26%. This is stated in the materials of the Central Bank of Russia, local media reported.
According to the...
Moscow's authorities reported a decrease in the unemployment rate from a peak of 2.5% to 0.59%. Kirill Purtov, head of the Department of Economic Policy and Development of Moscow, announced the news at the Moscow Urban Forum on Friday, July 2, Russian media reported.
Purtov reported that there was a...
Russian President Vladimir Putin has signed a law that makes it easier for small and medium-sized enterprises (SMEs) to work in Russia's Arctic zone. The law is posted on the portal of legal information, Russian media reported.
According to the law, SMEs wishing to obtain the status of a resident...
Russia's international reserves (MRR) decreased from June 18 to June 25 by $2.7 billion (-0.5%) to $592.4 billion, the Bank of Russia reports.
The volume of MRR decreased due to a decrease in gold prices and a negative exchange rate revaluation of the value of assets included in the MRR.
MRPs...
