Presidents of Russia and Turkey try to repair economic relations
Presidents of Russia and Turkey try to repair economic relations Russia-Turkey relations cooled substantially last November after Turkey shot down a Russian fighter jet. Russia’s retaliatory measures...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia legitimises parallel imports of many goods as imports collapse
Russia Russia legitimises parallel imports of many goods as imports collapse Parallel importing refers to imports without the permission of the intellectual property owner that circumvent authorised...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
US drafts changes to economic sanctions imposed on Russia
US drafts changes to economic sanctions imposed on Russia US drafts changes to economic sanctions imposed on Russia Last week the United States Senate voted near-unanimously to approve a bill making...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia rolls out various measures in response to Western sanctions
Russia Russia rolls out various measures in response to Western sanctions Russia has responded to Western sanctions by restricting exports of goods in order to both mitigate harm to Russia and ampli...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russia’s invasion also causing economic damage to Ukraine
Russia,Ukraine Russia’s invasion also causing economic damage to Ukraine The waste and destruction of Russia’s unprovoked attack on Ukraine includes harm to an economy that was just emerging from th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Corporate profits return, with differences across sectors in Russia
Russia Corporate profits return, with differences across sectors in Russia There has been a strong rebound in net profit of Russia’s corporate sector after last spring’s sharp decline that resembled...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia and Belarus agree on deeper economic integration
Russia Russia and Belarus agree on deeper economic integration On September 9, the prime ministers of Russia and Belarus signed an agreement, blessed by presidents Vladimir Putin and Alexander Lukas...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Firms with foreign ownership cutting back operations in Russia
Firms with foreign ownership cutting back operations in Russia Large and mid-sized firms with at least some share of foreign ownership reduced their personnel more than other firms over the past year...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Russia’s recession has slightly reduced income differences
Russia’s recession has slightly reduced income differences Rosstat reports a narrowing of income disparity a bit similar to that seen in the 2009 recession. Nominal incomes in 2015 per family member...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Developments in industry, trade and fixed investment vary across Russia
Russia Developments in industry, trade and fixed investment vary across Russia The magnitude of the economic contractions experienced in spring 2020 varied considerably across Russia’s federal distr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Russia hopes to attract investment in the Arctic territory
Russia Russia hopes to attract investment in the Arctic territory Russia has recently approved new strategies framing its policy in the Arctic region. This is particularly topical as Russia is about...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Falling imports kept Russia’s current account in surplus
Falling imports kept Russia’s current account in surplus Preliminary balance-of-payments figures show that Russia’s current account surplus contracted slightly on-year in January-March, but was stil...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia moves to limit public sector wage hikes
Russia moves to limit public sector wage hikes On Monday (Apr. 6), president Vladimir Putin signed an amendment suspending current law on public sector wages for the next nine months. The law mandate...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia launches its own national card payment system
Russia launches its own national card payment system Russia moved ahead with its own card payment system after Visa and MasterCard blocked payment processing for US-sanctioned Russian banks amidst th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia bans re-export of plant products from Bulgaria
Russia bans re-export of plant products from Bulgaria The ban is designed to prevent imports of EU plant products from circumventing Russia’s ban in food imports imposed last August. The Federal Serv...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Federal budget turned to slight deficit in 2014 (Russia)
Federal budget turned to slight deficit in 2014 (Russia) Budget revenues increased by 11 % last year. There was a bigger rise in revenues in these nominal terms during the final months of the year, r...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Major institutions lower their outlooks for Russia and Ukraine.
Major institutions lower their outlooks for Russia and Ukraine. The World Bank, IMF and EBRD have all released revised outlooks for Russia. Noting low crude oil prices, economic sanctions and structu...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s GDP growth modest and government deficit on the rise
Russia,BOFIT Weekly Review Russia’s GDP growth modest and government deficit on the rise Rosstat figures show that Russian GDP grew by 1 % y-o-y in the first nine months of this year. Preliminary fi...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025
BOFIT Visiting Researcher Programme's application period is open!
<p><strong>BOFIT Visiting Researcher Programme - Call for autumn/winter 2025</strong></p> <p><strong>Application period is open until April 27, 2025.</strong>...
Bofit.fi / Bofit homepage / BOFIT / News / 2025
Russia’s new budget framework does not promise support for fading economic growth
Russia,BOFIT Weekly Review Russia’s new budget framework does not promise support for fading economic growth Russia’s economic growth remained sluggish in August. In particular, the slowdown in inve...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2025