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• 22.04.2015
  Interfax RF Ministry of Economic Development improved Russia's GDP decline forecast

  In the baseline scenario the RF Ministry of Economic Development slightly improved GDP decline forecast of the Russian Federation in 2015 from 3% under the previous forecast to 2.8%, the head of the Ministry Alexei Ulyukayev told reporters on Wednesday in Antalya on the eve of consideration of the government’s adjusted forecast.

• 17.04.2015
  Tass S&P affirms Russia’s "BB+" sovereign credit rating, outlook remains negative

  LONDON, April 17 /TASS/ -- Standard & Poor's rating agency affirmed its "BB+/B" long-and short-term foreign currency sovereign credit ratings and its "BBB-/A-3" long- and short-term local currency sovereign credit ratings on Russia, it reported Friday.

• 17.04.2015
  Tass Central Bank president: Inflation in Russia might be 6.7% upon 2015 results

  WASHINGTON, April 17 /TASS/ -- Inflation in Russia upon the results of 2015 might be 6.7% given the current rates of the weekly price growth, Russia’s Central Bank President Elvira Nabiullina told reporters on Thursday.

• 14.04.2015
  City news agency Moscow authorities decided to "block" 10% of budget expenditures for 2015

  Moscow authorities decided to block 10% of budget expenditures for 2015, said Mayor Sergei Sobyanin during an extended meeting of the Ministry of Finance of the Russian Federation.

• 14.04.2015
  Moscow City Finance Department Q1 2015 Moscow budget implementation results

  The Moscow budget implementation for the first quarter of 2015 is characterized by the following indicators:

  income received - 360.3 billion rubles; cash execution of expenditures - 280.7 billion rubles; cash surplus - 79.6 billion rubles.

• 09.04.2015
  BUDGET Structure of Q1 2015 budget revenues of Moscow has been published

  Budget revenues of Moscow in Q1 2015 amounted to 360.28 billion rubles, as evidenced by data published on the city’s open budget website.

• 07.04.2015
  Tass Russian banking sector is stable — Central Bank Chairperson

  MOSCOW, April 7 /TASS/ -- The situation in Russia's banking sector is stable, says Central Bank Chairperson Elvira Nabiullina.

• 16.03.2015
  PRIME Cbank: Russia’s GDP to shrink 0.7% in January–March

  MOSCOW, March 16 (PRIME) -- Russia’s gross domestic product (GDP) will shrink 0.7% on the year in January–March, the central bank said in a statement Monday, citing First Deputy Chairwoman Ksenia Yudayeva.

• 13.03.2015
  Bank of Russia The Bank of Russia lowered its key interest rate from 15% to 14% per annum

  On 13 March 2015 the Bank of Russia’s Board of Directors decided to cut the key interest rate from 15% to 14% per annum, given that the risks’ balance is still biased towards a significant economy’s cooling. The decision taken will help to reduce these risks without creating additional inflationary pressures threats.

• 11.03.2015
  Tass Russia gets seat in SWIFT board of directors — media

  MOSCOW, March 11. /TASS/ -- International bank message system SWIFT will include Russia’s representative in its board of directors, Russian business paper RBC reported on Wednesday.

• 11.03.2015
  Tass Russia may use China’s payment infrastructure instead of SWIFT — VTB Bank head

  MOSCOW, March 11. /TASS/ -- Russia may eventually use China’s payment infrastructure instead of international bank message system SWIFT, VTB Bank Chief Andrey Kostin said in an interview with Bloomberg news agency on Wednesday.

• 06.03.2015
  Tass Russia’s international reserves plummet by $16 billion in February — central bank

  MOSCOW, March 6. /TASS/ -- Russia’s international reserves mostly comprising gold and foreign currency decreased by $15.987 billion in February to $360.221 billion, according to data released by the Central Bank on Friday.

• 06.03.2015
  Tass Russian currency’s real effective rate grows in February for the first time in half-year

  MOSCOW, March 6. /TASS/ -- The ruble’s real effective rate measured against the currencies of Russia’s major trading partners weakened in January-February 2015 by 0.8% compared with December 2014 but strengthened in February for the first time in the past six months, the Central Bank said on Friday.

• 06.03.2015
  Moscow Government Information Centre In 2014 Moscow’s foreign trade turnover decreased by almost 3%

  In 2014 Moscow’s foreign trade turnover decreased by 2.9% and amounted to about 333.4 billion US dollars, according to the press service of the Moscow Department of Foreign Economic and International Relations.

• 05.03.2015
  Tass Russian budget to be adjusted based on oil price of $50

  MOSCOW, 5 March. /TASS/ -- Russia’s federal budget it to be adjusted in terms of the 2015 projections and for the subsequent two-year planning period. This issue, in particular, is put on the agenda of Thursday’s government meeting.

• 02.03.2015
  On 26 February 2015 Head of SUE “MosFinAgency” Denis Mikhailov took part in the annual forum of the “The Third Vasilyevsky readings”

  On 26 February 2015 Moscow hosted the Third Vasilyevsky readings – The Annual Forum “Public finances: science and practice” organized by the “Budget” magazine in conjunction with the Russian financiers’ Community, as well as with the Research Institute of the RF Ministry of Finance and the Financial University at the Government of the Russian Federation.

• 02.03.2015
  City news agency Sergei Sobyanin: A positive major economic indicators’ trend is observed in Moscow

  A positive major economic indicators’ trend is observed in Moscow, said Mayor Sergei Sobyanin during a working meeting with Russian President Vladimir Putin. Transcripts of the meeting are posted on the Kremlin website.

• 26.02.2015
  Tass Russia’s international reserves down by $3.7 bln to $364.6 bln over week

  MOSCOW, February 26 /TASS/ -- Russia’s international reserves mostly comprising gold and foreign currency declined by $3.7 billion in the week of February 13-20 to $364.6 billion, the Central Bank of Russia said on Thursday.

• 25.02.2015
  Tass Moody's downgrades ratings of 11 Russian regions, 4 cities and 3 state-owned companies

  LONDON, February 25 /TASS/ -- Moody's Investors Service has downgraded the ratings of eleven Russian regions, four cities (including Moscow), and three state-owned companies, the ratings agency said on Wednesday.

• 24.02.2015
  Tass Moody’s downgrades ratings of Russia’s biggest banks

  LONDON, February 24 /TASS/ -- Moody’s rating agency downgraded seven Russian financial institutions - Sberbank, Bank VTB, Gazprombank, Russian Agricultural Bank, Agency for Housing Mortgage Lending, Vnesheconombank and Alfa-Bank, it reported Tuesday. The rating actions "follow the weakening of Russia's credit profile, as reflected by Moody's downgrade of Russia's government debt rating to Ba1 from Baa3 on February 20, 2015," the report said.