Foreign debt to Russia jumped by nearly 9% in 2022, RBK reported on Friday, citing data from the World Bank’s annual International Debt Report (IDR). According to the findings, a total of 37 states had outstanding debt to Russian creditors last year, amounting to $28.9 billion, marking a $2.3 billion (or 8.7%) increase from 2021.…
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The Russian economy is not expected to go into a recession next year, the head of the central bank, Elvira Nabiullina, announced on Friday. The country’s GDP is forecast to grow by around 2.7% this year, driven by strong domestic demand. For 2024, the central bank is projecting growth of 0.5% to 1.5%. This estimate,…
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The French president said that he will defend existing members’ interests during talks with Kiev The EU will need to substantially reform its rules before Ukraine can join, French President Emmanuel Macron told reporters on Friday. Macron backs Kiev’s accession to the bloc, but warned that Ukraine must not be allowed to undercut EU industry.
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