Russia's Central Bank disclosed a database of 1.800 illegal companies operating in Russia. The regulator revealed 85 new financial pyramids in the first quarter - more than two times more than a year earlier (37). The number of new illegal forex dealers has also more than doubled from 53...
In the first quarter of this year, German companies in Russia invested 1.1 billion euros. At the end of last year, this number was negative, dropping to 370 million euros, Russian media reported.
In the first quarter of 2021, German companies invested 1.1 billion euros in the Russian economy, which...
Paternal capital, in addition to the maternity capital of 639.4 thousand rubles, could soon become a reality, as the plan for new parental support has been approved by the Commission on Demography of the Public Chamber of Russia.
"Based on the results of the President's annual message, the government was...
Russia's public debt in the first quarter of 2021 increased by 741.3 billion from January to 19.7 trillion rubles, or 17% of the planned GDP in 2021, according to a report of the Accounts Chamber on the execution of the federal budget.
Taking into account the placement of bonds...
The profitability of the Russian banking industry has remained stable throughout 2019, the first year of solid growth since the 2014 oil price shock, which drove the country's economy into stagnation.
According bne IntelliNews, April was also the month that the pandemic shock hit, and as the graph illustrates, banking...
The St. Petersburg International Economic Forum (SPIEF), which will take place from June 2 to 5, 2021, is expected to attract 2,000 foreign attendees, according to Russian First Deputy Prime Minister Andrei Belousov, who spoke to RBC TV on Monday, as Russian agency TASS reported.
The United States, Qatar, and...
Russians began to actively use debit cards with overdraft in April: the debt on such "plastic" for the year grew 3.4 times, and the number - 2.8 times, according to RIA Novosti, citing the credit bureau Equifax.
Banks offer overdraft cards, which the customer can use as his own cash, withdrawing...
According to the most recent RosStat numbers, Russia's jobless rate decreased to 5.2 percent, its sixth straight month of decline since peaking at 6.4 percent in August last year.
At the present rate, unemployment should fall below 5% in the next two months, returning to pre-crisis levels, bne IntelliNews reports.
According...
According to Russian Deputy Prime Minister Alexander Novak, the gas that Russia supplies for Europe via the Nord Stream has a carbon footprint four times lesser than U.S. gas, TASS reports.
Russia, Novak claims, places a high priority on maintaining its environmental leadership. On Thursday, Jennifer Granholm, head of the...
Moscow has issued green bonds for 70 billion rubles in full, the trading data of the Moscow Exchange has shown.
According to Russian news agency Interfax, this information was confirmed during a speech at the "IX Nevsky International Ecological Congress" by the financial director of the Moscow Exchange Maxim Lapin...















