Inflation in Russia under control – Central Bank

The regulator says the economy has stabilized, but still needs to adapt to the new conditions The Russian economy has managed to evade an inflationary spiral due to the policies of the Central Bank, the head of the regulator, Elvira Nabiullina, said on Thursday at a meeting with the Association of Russian Banks.

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Default won’t affect Russians – finance minister

US attempts to stop Moscow from servicing its debt will not impact the economy in any way, Siluanov says While the US is trying to push Russia into default on its foreign debt by blocking payments to bondholders, Moscow will do everything to avoid this from happening, Finance Minister Anton Siluanov said on Thursday.

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EU not prepared for war – top diplomat

Josep Borrell claims the bloc’s armies would “run out of ammo in two weeks” if confronted with a conflict such as in Ukraine The European Union is not prepared for a war such as the one in Ukraine, the bloc’s foreign affairs chief Josep Borrell warned on Wednesday. He made the claim at a debate…

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