Iran war and energy sector bombardment deal a double blow to Ukraine’s economy
BOFIT Weekly Review,Ukraine Iran war and energy sector bombardment deal a double blow to Ukraine’s economy Damage to Ukraine’s energy sector depressed first quarter growth Preliminary figures from t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Russia's fiscal sector strengthened in 2017
Russia Russia's fiscal sector strengthened in 2017 Russia's fiscal sector strengthened in 2017 Consolidated budget revenues (federal, regional and municipal, plus social funds) increased by...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China’s banking sector continues to weaken
China’s banking sector continues to weaken Listed Chinese banks have recently released their third-quarter financial reports. The spread between deposit and lending rates of big banks continued to na...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China’s recovery uneven across sectors
China China’s recovery uneven across sectors The National Bureau of Statistics reports that retail sales are slowly returning to normal levels, with retail volumes in May only down by about 4 %...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Big differences across sectoral contractions in Russia
Russia Big differences across sectoral contractions in Russia Russia’s economy ministry reports that June GDP was down by nearly 5 % on year while April GDP had been down by nearly 3 % whe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Banking sector conditions stabilise in Russia
Russia Banking sector conditions stabilise in Russia With the invasion of Ukraine in February 2022, fears of new sanctions and increased general censorship have caused a scarcity in data on banking ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Liquidity in Russian banking sector recovers
Liquidity in Russian banking sector recovers Poor economic performance, fluctuations in the ruble’s exchange rate, the drop in foreign financing and increase in household savings rate have affected t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
State banks dominate Russian banking sector
Russia State banks dominate Russian banking sector A total of 499 banks operated in Russia at the end of October. Despite the high number of bank businesses, the banking sector is highly concentrate...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian fixed investment developments vary across sectors
Russia Russian fixed investment developments vary across sectors Growth in fixed investments in the first half of this year cooled off to 0.6 % y-o-y, the slowest pace since growth remained at ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia prepares to raise public sector wages
Russia prepares to raise public sector wages Russia prepares to raise public sector wages President Vladimir Putin recently proposed that wages funded out of public sector budgets should be raised a...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Profitability of Russia’s banking sector weakens
Profitability of Russia’s banking sector weakens Growth of Russia’s banking system largely stopped last year and profitability fell significantly. The Central Bank of Russia reports the banking secto...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Coronavirus crisis hits China’s banking sector
China Coronavirus crisis hits China’s banking sector Even as China's big banks have been reporting juicy profits for 2019, international credit ratings agencies are warning of heightened risks t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia’s banking sector reflects economic uncertainty
Russia’s banking sector reflects economic uncertainty Total assets of the Russian banking sector at the end of last year amounted to 77.663 trillion rubles, an increase of 18 % y-o-y (all figures rep...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Semblance of calm returns to banking sector
Semblance of calm returns to banking sector The ruble’s collapse crested in mid-December (Dec. 16–17), followed by a frenzy of withdrawals from bank deposit accounts. However, the situation calmed in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian government sector still dealing with austerity
Russian government sector still dealing with austerity Revenues to the federal budget performed weakly in 2016 also in areas other than taxes from oil & gas. Non-oil & gas revenues were up ju...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Gas sector drives growth in fixed investment
Gas sector drives growth in fixed investment Newly released Rosstat figures show a small recovery in seasonally adjusted fixed investment happened earlier than what the figures showed in late summer....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Growth in Russian government sector spending accelerates
Russia Growth in Russian government sector spending accelerates Expenditures of the consolidated budget (federal, regional and municipal budgets, plus state social funds) increased in the third quar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Rehn_Olli_2025_en.pdf
Governor Olli Rehn: Interview in Milano Finanza, 6 December 2025 Governor Olli Rehn Interview in Milano Finanza, by Francesco Ninfole Published on 6 December 2025 An edited transcript of the inte...
Bofit.fi / globalassets / puheet
Välimäki_Tuomas_2025_en.pdf
Central bank liquidity and balance sheet: navigating the shallows after the high tide of liquidity 26 November 2025, Copenhagen Slides (pdf) It’s a real pleasure to be back in Copenhagen, for the...
Bofit.fi / globalassets / puheet
Nykänen_Marja_2024_en.pdf
Opportunities and challenges of AI in the economy, finance and supervision Helsinki, 13 November 2024 Good morning, ladies and gentlemen. It is my great pleasure to warmly welcome you all to this v...
Bofit.fi / globalassets / puheet