In 2025, Russian banks issued 27.5 million loans to individuals for a total amount of 9.89 trillion rubles. This follows from the data of the consulting company Frank RG, which publishes RBC. Compared to 2024, the volume of loans granted decreased by 25.6% and became the lowest in six years. In quantitative terms, loan issuance…
Russian Railways plans to sell a 49% stake in the Federal Freight Company (FGC) to partially improve its financial situation and raise funds for its investment program, a source familiar with the company’s financial plan told Kommersant. According to him, the state monopoly estimated the value of the company’s stake at 44 billion rubles and…
China has completely stopped importing electricity from Russia since the beginning of 2026 and is not purchasing even the minimum volume stipulated in the contract — about 12 MW, sources familiar with the situation told “Kommersant”. According to them, electricity exports to the country are unlikely to resume this year, as the export price of…
Minister of Finance Sergii Marchenko met with Director-General for Economic and Financial Affairs of the European Commission Maarten Verwey to discuss details of launching a new financial instrument for Ukraine worth up to EUR 90 billion. The meeting was also attended by Deputy Minister of Finance for European Integration Yuriy Draganchuk and Government Commissioner for…
Slovakia has a real chance to rank among the leaders in the deployment of small modular reactors (SMRs). The country has suitable sites, expertise and infrastructure to do so. This has been confirmed by a comprehensive feasibility study presented by the dominant electricity generator, Slovenske Elektrarne (SE). “Small modular reactors represent a strategic opportunity for…
A drop in global milk prices is currently only reflected in cheaper Lithuanian butter in Estonia, but Estonian butter and cheese prices are also set to fall soon. ERR reported on January 14 that butter prices in Latvia had dropped sharply, with Latvian Radio saying a pack of butter could now be bought for as…
Greece has expressed its willingness to organize an economic mission to Moldova in spring, with the aim of exploring investment opportunities in such strategic sectors as energy, infrastructure and logistics. The intention was announced by representatives of the government of Greece and the Project Preparation Facility (PPF) – a unit of Greece’s National Investment Fund…