Eastern Europe / Data

Russia's non-oil deficit falling but not far or fast enough

Ben Aris in Berlin May 18, 2017

Oil was the key factor in Russia’s budget income and since prices collapsed in late 2014 the non-oil component is more important. Oil's share remains about half of GDP but the non-oil deficit is still too high.

Over 80% of Russians are still satisfied with Putin's work

Ben Aris in Berlin April 28, 2017

Eight out ten Russians (82%) are still happy with President Vladimir Putin performance, according to the monthly popularity poll of the independent Levada Center.

Russia, CEE hike military spending as tensions rise

Clare Nuttall in Bucharest April 25, 2017

Worsening relations between Russia and the West, plus pressure to meet Nato defence spending commitments, push up expenditure in Eastern Europe.

Russian overseas property investment more than halves since 2014

Tranio April 21, 2017

While Russian citizens annually invested over $2bn in 2013-2014, the silent crisis of 2015 caused investments to halve before reaching $870mn last year.

Russia's Sberbank cuts mortgage rate to below 9% for selected developers

bne IntelliNews April 21, 2017

State lender indicates that there will be more than 200 participating companies across Russia.