Finnish exports to Russia finally on the rise
Finnish exports to Russia finally on the rise After contracting for 14 consecutive quarters in annual terms, thevalue of goods exports rose 6 % y-o-y in 4Q16. Fastest growth was recorded for metals e...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Subsidy programmes and rate cuts support bank lending in Russia
Russia Subsidy programmes and rate cuts support bank lending in Russia The corporate loan stock experienced robust growth in the first quarter of the year as companies prepared (for example, by secu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Finnish exports to Russia may be closing the bottom
Finnish exports to Russia may be closing the bottom The value of goods exports in January-March was €600 million, or 14 % less than in the same period a year earlier. Exports were at their lowest qua...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia’s finance ministry issued a new eurobond
Russia’s finance ministry issued a new eurobond This week Russia issued sovereign dollar-denominated eurobonds for the first time since 2013. The bond offering was seen as a means to feel out investo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia’s defence industry still enjoying strong growth
Russia’s defence industry still enjoying strong growth Information collected from multiple sources indicates that Russia’s defence industry production rose about 13 % in 2012 and nearly 20 % a year i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
China’s exports to Russia continued to rise in October
Russia China’s exports to Russia continued to rise in October The value of Chinese goods exports flowing to Russia declined sharply last spring following Russia’s attack on Ukraine, but it has recov...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Overall condition of Russia’s banking sector remains murky
Russia Overall condition of Russia’s banking sector remains murky With data on balance sheets or income statements no longer published on a regular basis, assessments are based on less granular data...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
“Partial mobilisation” creates confusion, markets tumble in Russia
Russia “Partial mobilisation” creates confusion, markets tumble in Russia In an effort to move additional manpower to the front in the Ukraine war, president Vladimir Putin declared a “partial mobil...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia posts another large current account surplus in August
Russia Russia posts another large current account surplus in August Preliminary figures from the Central Bank of Russia show an August current account surplus of 16.5 billion dollars. While surplus ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s federal budget revenues down in August
Russia Russia’s federal budget revenues down in August Nominal federal budget revenues were down by about 10 % y-o-y in August. Part of the revenue drop was cushioned from the July fall by a re...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Finnish goods trade with Russia falls by half
Russia Finnish goods trade with Russia falls by half Since March, the value of Finnish exports to Russia has fallen to about half of pre-invasion levels. After a massive drop in April, however, expo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia posts declines in gas production and gas exports
Russia Russia posts declines in gas production and gas exports Rosstat reports that Russian gas production contracted in the first six months of this year by 7 % from 1H21. Gas giant Gazprom an...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
EU issues a new round of sanctions for Russia
Russia EU issues a new round of sanctions for Russia On June 3, the European Union announced its sixth round of sanctions that included significant new import bans and export restrictions. With a fe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
The EU and US put more economic sanctions on Russia
Russia The EU and US put more economic sanctions on Russia On April 8, the EU approved a fifth sanctions package against Russia that includes a variety of new restrictive measures. In addition to ba...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia and the US holding off on new sanctions
Russia Russia and the US holding off on new sanctions Russia has extended the process of handling a draft law that would impose new sanctions on the United States and possibly other countries. The l...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia and China strive to increase their bilateral trade
Russia Russia and China strive to increase their bilateral trade As part of the February 4 meeting of presidents Vladimir Putin and Xi Jinping at the opening of the Beijing Winter Olympics were sign...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s National Welfare Fund continues to grow
Russia Russia’s National Welfare Fund continues to grow The value of the assets in the National Welfare Fund (NWF) stood at $182.6 billion at the end of 2021. In the official reporting, which uses l...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s foreign currency and gold reserves hit record high
Russia Russia’s foreign currency and gold reserves hit record high At an estimated $630 billion, Russia had the world’s fifth largest foreign currency and gold reserves at the end of 2021. The value...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Foreign currency sovereign credit ratings on Russia upgraded
Foreign currency sovereign credit ratings on Russia upgraded Standard & Poor's last week raised its rating of Russian sovereign foreign bonds to investment grade (BBB-). The earlier junk-grad...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia approves anti-corruption plan for 2021−2024
Russia Russia approves anti-corruption plan for 2021−2024 In August, president Vladimir Putin issued a decree requiring numerous authorities at the federal, regional and municipal levels to adjust t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021