Kudrin: Autumn is to become a period of layoffs for Russians
Former Finance Minister Alexey Kudrin has assumed that social well-being of citizens will be difficult this autumn, as it is a traditional period of layoffs. According to …
crisis in Russia
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Putin to discuss issue of economic recession in 2016 with government
Russian President Vladimir Putin is to hold a meeting with members of the government on September 30th. According to the Kremlin press service, the main topic will be the development of measures to …
RF Central Bank ready to give 90% of profits to budget
The Central Bank of Russia may transfer 90% of its profits to the budget of the country, but only as a single action due to difficult economic situation. "The Bank of Russia doesn’t …
Russia to protect itself from crisis with 'airbag'
The government of Russia is considering the creation of a special anti-crisis reserve for the next year. "Now we are discussing the creation of an anti-crisis financial reserve," Gazeta.ru cited a federal official as saying. …
Retirement age in Russia could be raised next year
The retirement age in Russia may be raised from next year, otherwise the Reserve Fund and National Welfare Fund could end in 2018. According to Vedomosti newspaper, the Finance Ministry is suggesting the retirement age in Russia ...
Putin: Russia has adapted
Russia's economy has almost adapted to the situation with oil prices, so there is nothing dramatic in fluctuations of these prices , Russian President Vladimir Putin said at the Eastern Economic Forum in Vladivostok. …
Russia breaks record for bribery due to crisis
All-Russian anti-corruption public organization Clean Hands has published a report according to which the annual average amount of bribes in Russia grew by 200% - from 218 to 613 thousand rubles. The author of the …
Moody's: Russia's GDP to further fall in 2016
Moody's Investors Service changed its outlook on next year Russia's GDP. The foreign analysts do not expect that the Russian economy will show any growth. However, the report titled "Downward Revisions to 2016 Global Economic …
Russian Central Bank says December crisis will not happen again
The Russian Central Bank considers a repetition of the financial crisis of December 2014 to be unrealistic, according to the Central Bank report on financial stability. "In the current environment, the repetition of a situation similar to December 2014 is unrealistic," the report said.
