russianeconomy
EU diplomats agreed Wednesday to use income from frozen Russian state assets to aid Ukraine – paving the way for the war-torn country to get around €3 bn for arms purchases and reconstruction before the summer. Since the full-scale invasion of 2022, €210 billion in assets of the Moscow central bank have sat frozen within the bloc – chiefly at the Euroclear depositary in Belgium. The deal was agreed “in principle” at a regular meeting of national representatives, according to a tweet by Belgium, currently chairing talks in the European Council. Brussels has long touted using the interest from t...
Euronews (English)
An increasing number of Russians who left abroad after the outbreak of the full-scale invasion are returning home, namely due to difficulties with residence permits and jobs abroad, Bloomberg reported on May 2. Around 1 million Russians left the country after the start of the all-out war due to their opposition to the invasion or out of fear of mobilization. As the war entered its third year with no end in sight, many Russian expatriates are being rejected when applying for extended residency, or face challenges with running businesses abroad, Bloomberg wrote. Russia claimed in June 2023 that ...
Kyiv Independent (UK)
An increasing number of Russians who left abroad after the outbreak of the full-scale invasion are returning home, namely due to difficulties with residence permits and jobs abroad, Bloomberg reported on May 2. Around 1 million Russians left the country after the start of the all-out war due to their opposition to the invasion or out of fear of mobilization. As the war entered its third year with no end in sight, many Russian expatriates are being rejected when applying for extended residency, or face challenges with running businesses abroad, Bloomberg wrote. Russia claimed in June 2023 that ...
Kyiv Independent (CA)
An increasing number of Russians who left abroad after the outbreak of the full-scale invasion are returning home, namely due to difficulties with residence permits and jobs abroad, Bloomberg reported on May 2. Around 1 million Russians left the country after the start of the all-out war due to their opposition to the invasion or out of fear of mobilization. As the war entered its third year with no end in sight, many Russian expatriates are being rejected when applying for extended residency, or face challenges with running businesses abroad, Bloomberg wrote. Russia claimed in June 2023 that ...
Kyiv Independent
Europe is increasingly becoming dependent on Russian fertilizer, as it previously did with Russian energy, said Svein Tore Holsether, the chief executive of fertilizer producer Yara International, in an interview with the Financial Times (FT) published on April 30. Since the beginning of the full-scale war, Europe has increased its attempts to wean itself from Russian energy. In a significant reversal of decades of energy dependence, the EU has backed a series of sanctions against Russian fossil fuels and reduced its reliance on such exports. Holsether warned that Europe is making the same mis...
Kyiv Independent
Europe is increasingly becoming dependent on Russian fertilizer, as it previously did with Russian energy, said Svein Tore Holsether, the chief executive of fertilizer producer Yara International, in an interview with the Financial Times (FT) published on April 30. Since the beginning of the full-scale war, Europe has increased its attempts to wean itself from Russian energy. In a significant reversal of decades of energy dependence, the EU has backed a series of sanctions against Russian fossil fuels and reduced its reliance on such exports. Holsether warned that Europe is making the same mis...
Kyiv Independent (UK)
Europe is increasingly becoming dependent on Russian fertilizer, as it previously did with Russian energy, said Svein Tore Holsether, the chief executive of fertilizer producer Yara International, in an interview with the Financial Times (FT) published on April 30. Since the beginning of the full-scale war, Europe has increased its attempts to wean itself from Russian energy. In a significant reversal of decades of energy dependence, the EU has backed a series of sanctions against Russian fossil fuels and reduced its reliance on such exports. Holsether warned that Europe is making the same mis...
Kyiv Independent (CA)
Russia's GDP is expected to grow by 3.6% in 2024, matching the growth rate of the previous year, Russian Finance Minister Anton Siluanov said on April 19. Russia's economy faced a shock and subsequent contraction after the beginning of the full-scale invasion of Ukraine in 2022. As the country weathered the onset of Western sanctions and growing isolation, Russia's GDP dropped by 2.1% in 2022. Since then, Russia has managed to survive Western sanctions through a variety of methods, and has continued to bolster its economy through oil sales, particularly to India and China. Siluanov said that "...
Kyiv Independent (UK)
Russia's GDP is expected to grow by 3.6% in 2024, matching the growth rate of the previous year, Russian Finance Minister Anton Siluanov said on April 19. Russia's economy faced a shock and subsequent contraction after the beginning of the full-scale invasion of Ukraine in 2022. As the country weathered the onset of Western sanctions and growing isolation, Russia's GDP dropped by 2.1% in 2022. Since then, Russia has managed to survive Western sanctions through a variety of methods, and has continued to bolster its economy through oil sales, particularly to India and China. Siluanov said that "...
Kyiv Independent
Russia's GDP is expected to grow by 3.6% in 2024, matching the growth rate of the previous year, Russian Finance Minister Anton Siluanov said on April 19. Russia's economy faced a shock and subsequent contraction after the beginning of the full-scale invasion of Ukraine in 2022. As the country weathered the onset of Western sanctions and growing isolation, Russia's GDP dropped by 2.1% in 2022. Since then, Russia has managed to survive Western sanctions through a variety of methods, and has continued to bolster its economy through oil sales, particularly to India and China. Siluanov said that "...
Kyiv Independent (CA)
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