Finnish investment in Russia continues to heavily exceed Russian investment in Finland
Finnish investment in Russia continues to heavily exceed Russian investment in Finland Statistics Finland (SF) reports that the stock of Finland’s foreign direct investment (FDI) in 2014 amounted to ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia restarts gas deliveries to Ukraine; air travel between the two countries set to end
Russia restarts gas deliveries to Ukraine; air travel between the two countries set to end Having received from Naftogaz a $230 million advance payment for next winter’s gas, Gazprom this week again ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s third-quarter exports and imports figures fall to 2010 levels
Russia’s third-quarter exports and imports figures fall to 2010 levels Preliminary balance-of-payments figures from the Central Bank of Russia show earnings on exports of goods and services fell yet ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
CBR governor Nabiullina discusses outlook for Russia’s foreign currency reserves
CBR governor Nabiullina discusses outlook for Russia’s foreign currency reserves At a banking conference in St. Petersburg at the start of this month, CBR head Elvira Nabiullina noted that Russia’s ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russia’s low unemployment partly reflects a shift of dismissed workers to the shadow economy
Russia’s low unemployment partly reflects a shift of dismissed workers to the shadow economy Based on ILO methodology, Russia’s unemployment rate was 5.8 % in April. The unemployment rate has climbe...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Capital outflow from Russia continued strong due to foreign debt payments
Capital outflow from Russia continued strong due to foreign debt payments The net capital outflow of private sector in the first quarter was $33 billion, down from $48 billion a year earlier. Banks p...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Standard & Poor’s downgrades Russia’s creditworthiness to speculative grade
Standard & Poor’s downgrades Russia’s creditworthiness to speculative grade On Monday (Jan. 26), Standard & Poor’s lowered Russian sovereign foreign currency borrowing to BB+, a notch below i...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Despite rapid growth, Russia’s housing loan market is still relatively small
Despite rapid growth, Russia’s housing loan market is still relatively small Starting from a very modest level, the total stock of housing loans issued by banks has increased at over 30 % a year sinc...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Rosstat predicts a decline in Russia’s population over the next two decades
Russia Rosstat predicts a decline in Russia’s population over the next two decades In its latest demographic forecast, Rosstat offers three scenarios for Russian population growth through 2036. In t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russia and China rise in World Bank rankings; unchanged in WEF rankings
Russia Russia and China rise in World Bank rankings; unchanged in WEF rankings Both annual comparisons were released in October. The World Bank’s survey of 190 economies in Doing Business 2020 shows...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia prepares new measures to support firms subject to Western sanctions
Russia Russia prepares new measures to support firms subject to Western sanctions In order to systematise subsidies, Russia’s finance ministry has proposed a legal distinction for firms subject to W...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
New information about Russia’s military-industrial complex and its bank debts
Russia New information about Russia’s military-industrial complex and its bank debts Russia’s military industrial complex (Oboronno-promyshlennyi kompleks, OPK), which comprises over 1,300 firm...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s foreign currency reserves swell to highest level in years
Russia Russia’s foreign currency reserves swell to highest level in years As of end-September, the value of Russia’s foreign currency and gold reserves reached 531 billion dollars, its highest level...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia and Turkey want to increase bilateral use of their currencies
Russia Russia and Turkey want to increase bilateral use of their currencies At the beginning of this month, Russia and Turkey signed an agreement that seeks, among other things, to increase the use ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russia’s national goals increasingly focus on nationalist themes and self-sufficiency
Russia’s national goals increasingly focus on nationalist themes and self-sufficiency President Vladimir Putin was inaugurated to another term as Russia’s president on May 7. He announced the member...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia’s overall economic performance steady in February; construction investment has supported wartime growth
Russia’s overall economic performance steady in February; construction investment has supported wartime growth February’s numbers suggest little change in Russia’s economic trends. 12-month growth wa...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia's near-term plans for government sector finances taking shape
Russia Russia's near-term plans for government sector finances taking shape The finance ministry's government sector budget framework for 2019–21 foresees that rapid growth in revenues of th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Large hikes in revenue and spending of Russia's preliminary budget framework
Russia Large hikes in revenue and spending of Russia's preliminary budget framework In its presentation of the first draft of the three-year budget framework, the finance ministry raised its rev...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China and Russia impose most trade and investment barriers on European firms
China China and Russia impose most trade and investment barriers on European firms The European Commission's Annual Report on Trade and Investment Barriers notes that the wave of protectionism t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's goal of halving poverty would not require massive amounts of funds
Russia Russia's goal of halving poverty would not require massive amounts of funds President Putin's inauguration Decree, issued on May 7, includes a goal of cutting Russian poverty in half ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018