The federal budget of Russia in 2025 was in deficit for the fourth consecutive year: the government’s revenues were lower than its expenditures by 5.645 trillion rubles, reported the Ministry of Finance on Monday. Compared to 2024 (3.471 trillion rubles), the “hole” in the treasury increased by 1.6 times, and in relative terms – 2.6%…
Almost a third of small and medium-sized businesses (SMEs) ended last year with large non-payments from counterparties. In December, 31% of enterprises “had significant overdue receivables”, showed a survey of SMEs conducted by Promsvyazbank, the NAFI analytical center, and Magram Market Research. In particular, at 12% of respondents, non-payments appeared more than six months ago,…
Russian developers have sharply increased the volume of overdue loan debt amid financial difficulties. As of November 2025, the total figure rose to 279.3 billion rubles, an increase of 27% year-on-year. At the same time, the total amount of construction loans amounted to 5.2 trillion rubles. It increased by 10% compared to the previous year,…
Today, there are 1.5 billion 50-kopiyka coins in circulation in Ukraine. To maintain appropriate quality, it is necessary to mint about 30 million coins each year, with some planned for replacement in stages, Andriy Pyshnyy, Governor of the National Bank of Ukraine, has said. According to him, there are currently more than 14 billion coins…
During the first eleven months of 2025, Bulgaria’s exports to countries outside the European Union reached 27.55 billion leva (EUR 14.1 billion), marking a slight decline of 2.1% compared to the same period in 2024, according to data from the National Statistical Institute (NSI). The largest portion of these exports consists of machinery, equipment, and…
Poland saw the European Union’s second-fastest growth in tourism in 2025, behind only the Mediterranean island state of Malta. The figures come amid efforts by the Polish government to boost the role of tourism in the economy. New data from Eurostat, the EU’s statistical agency, show that the estimated number of nights spent in tourist…
Annual inflation in Latvia in December 2025 was higher than the average in the European Union (EU) and the euro area, according to data published on January 19 by the EU’s statistical office Eurostat. Annual inflation in Latvia stood at 3.4% in December 2025. Consumer prices increased in December 2025 in all EU member states.…