The Foreign Intelligence Service of Ukraine (FIS) quotes estimates from the Center for Macroeconomic Analysis and Short-term ...

The Russian economy appears to be "on the verge of a transition to recession," Russian Economy Minister Maxim Reshetnikov said on June 19, adding that the next step will be decisive. The comments ...

Tight monetary policy is making this downturn virtually unavoidable, FIS stressed. Read also: Kremlin falls short of ...

The Russian economy is rapidly moving toward a recession, a trend acknowledged by analytical bodies close to the Kremlin. — ...

Nearly four years of war in Ukraine have devastated the Russian civilian economy. This year, 75 percent of Russia’s regions report serious budget deficits and more enterprises are becoming ...

These include France (0.9 percent), Germany 0.9 (percent) and Italy (0.8 percent), but forecasts for the eurozone are ...

In this photo released by the Roscongress Foundation, Minister of Economic Development of the Russian Federation Maxim Reshetnikov attends a plenary session of the St. Petersburg International ...

The deterioration in the value of the SOI of recession exit was mainly due to the accumulated effect of the ruble ...

MOSCOW (Reuters) -President Vladimir Putin said on Thursday that Russia is deliberately slowing its economic growth in order to suppress inflation. "As for the decline from more than 4% GDP growth: ...

ST PETERSBURG, Russia (Reuters) -Russia's economy is on the verge of sliding into recession and monetary policy decisions will now determine whether it falls into one or not, Economy Minister Maxim ...

Vladimir Putin has staved off additional U.S. sanctions for now, as he bought more time to prosecute his war on Ukraine by meeting with President Donald Trump in Alaska last week, sparking a flurry of ...

ST. PETERSBURG, Russia (AP) — Russia’s economy is “on the brink of going into a recession,” the country’s economy minister said Thursday, according to Russian media reports. Economy Minister Maxim ...