By Alexander Marrow MOSCOW (Reuters) -The rouble dived around 3% against the dollar on Tuesday, failing to consolidate a recovery…
Subdued consumer demand one of Russia’s key economic challenges -deputy PM
MOSCOW (Reuters) – Fostering a recovery in consumer demand and helping the corporate sector become profitable are the biggest tasks…
German companies plan to invest more in Africa in 2023
By Rene Wagner BERLIN (Reuters) – German companies want to boost their activities in Africa next year, especially in areas…
Oil price cap may widen Russia’s 2023 budget deficit, says Finance Minister
By Darya Korsunskaya MOSCOW (Reuters) -Russia’s budget deficit could be wider than a planned 2% of GDP in 2023 as…
German businesses expect only mild recession as disruptions ease
BERLIN (Reuters) – German companies expect only a mild recession next year despite headwinds from the energy crisis, raw material…
ECB sets capital requirements for Monte dei Paschi for 2023, removes dividend ban
MILAN (Reuters) – The European Central Bank has set the minimum capital requirements for Banca Monte dei Paschi di Siena…
Nearly three in five German industry associations foresee gloomy 2023
BERLIN (Reuters) – Nearly three out of five German industry associations are pessimistic about next year and expect their companies…
Board of Russia’s AvtoVAZ approves $585 million in 2023 investment programme – RIA agency
(Reuters) – The board of directors of Russian top carmaker AvtoVAZ approved the firm’s 2023 investment programme for just under…
Russia could hike rates in 2023 if inflation risks have big impact -cenbank
MOSCOW (Reuters) – The Bank of Russia could raise interest rates in 2023 if inflationary risks such as labour shortages…
Volatile rouble recovers ground after biggest weekly slump since July
By Alexander Marrow MOSCOW (Reuters) – The Russian rouble strengthened sharply in a volatile session on Monday, recovering some ground…