The rate of delinquency on credit card debt payments in Russia increased sharply in May, business daily Kommersant reported on Friday. Economists link the rise in overdue payments to the crisis period of 2022, when some Russians turned to credit cards to cover their expenses.
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Inflation in Germany reached its highest level since 1981 in April, propelled by the surging prices of oil, gas and petrochemicals, official data indicates. According to the Federal Statistics Office, consumer prices, harmonized to make them comparable with inflation data from other European Union states (HICP), increased at an annual 7.8% rate in April, up…
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