Slovakia: budget already deep in the red

Slovakia’s state budget deficit widened significantly in the first two months of 2026, as government spending continued to outpace revenues, according to the latest fiscal data. As of the end of February, the state budget recorded a deficit of EUR 1.44 billion, almost four times higher than the EUR 346-million shortfall recorded in January. The…

The Central Bank of Russia extended restrictions on withdrawing foreign currency from accounts until September 9

The Russian Central Bank announced on Friday that it has extended restrictions on withdrawing foreign currency from bank accounts for another six months, until September 9, 2026, due to ongoing Western sanctions. The regulator has been extending the restrictions every six months since the spring of 2022, as sanctions against Russia remain in place, prohibiting…