The European Union renewed on Monday its wide-ranging sanctions on Russia over the war in Ukraine, after Hungary stopped ...

Russia's latest economic data showed it had a strong 2024 and decade-high budget revenues in December. But economists say ...

The digital RUB rollout claims new breakthrough after Russian gov’t and Central Bank announce “trial” of the CBDC in ...

Russia says it's withstanding the impact of sanctions. Sweden's finance minister says satellite images show a different story ...

Russia recorded in 2024 a budget deficit exceeding three trillion rubles for the third consecutive year, soaring to 3.49 trillion rubles ($34.39 billion), according to the country's finance ministry.

One in five firms are at risk of defaulting on their loans, according to Russia's Center for Macroeconomic Analysis and Short ...

Russia recorded a budget deficit of more than 3 trillion roubles for the third year running in 2024, the finance ministry ...

The sanctions target trade, finance, energy, technology, industry, transport and luxury goods and include a ban on seaborne ...

Russia's oil and gas condensate production reached 516 million metric tons, or 10.32 million barrels per day, in 2024, Deputy ...

A day earlier, Russia's finance ministry released a report saying that the country's budget revenue in December was over 4 trillion rubles, or about $40 billion — a 28% increase compared to ...

While revenues did increase by 26%, this was not enough to offset Russia's staggering spending costs, exacerbated by the ...