Russia

Putin and Erdogan hail restored relations after 2015 rift

Ben Aris in Berlin March 10, 2017

Turkey and Russia were on the brink of war after the Turkish military shot down a Russian bomber in 2015. Two years later, presidents Putin and Erdogan were fawning over each other and a new era of relations at talks in Moscow.

Russian inflation falls below 5% for the first time since Soviet days

Ben Aris in Berlin March 10, 2017

Inflation was 4.6% y/y in February, according to Rosstat, down from 5% in January and in line with expectations

Russian corporate governance comes in from the "Caveman era"

Jason Corcoran in Moscow March 10, 2017

Standards of governance are steadily improving from the jungle fights of the 1990s, but the current economic crisis still saw minority shareholders get squeezed in takeovers by Kremlin-controlled giants like Rosneft.

Chisinau accuses Russia of hindering money laundering investigations

Iulian Ernst in Bucharest March 10, 2017

PM Pavel Filip claims Moldovan officials harassed by Russian security services as they probe $22bn laundered through Moldinconbank

Russian companies get active issuing bonds and taking loans in 2017

Vladmir Kozlov in Moscow March 10, 2017

After three years of recession, 2017 has seen a revival of Russian assets, with issuers in February raising almost $2.5bn through Eurobonds, their high rates attracting international investors.

STOLYPIN: Russia amidst an overhaul of the political stage

Mark Galeotti of the Institute of International Relations Prague March 9, 2017

Russia’s political theatre “closed for reconstruction” as Putin eyes fourth presidential term after 2018 election.

Erdogan plays the ‘Growler’ in missile talks with Putin

Will Conroy in Prague March 8, 2017

Turkish interest in Russia's S-400 surface-to-air missile system may be a bluff to win Western defence deals.

Moscow's Watcom shopping index off to bad start in 2017 as crisis bites

Ben Aris in Berlin March 8, 2017

After rising strongly in the second half of 2016, the Watcom shopping index got off to its worst start in three years in the first weeks of 2017.

EU approves Hungary's nuclear power station deal with Russia

bne IntelliNews March 6, 2017

Budapest wins approval for using state aid to expand Paks but critics fear Moscow will gain extra leverage.

Putin ally allegedly involved in Montenegro coup plot

Denitsa Koseva in Sofia March 3, 2017

Involvement of Russian billionaire Konstantin Malofeev would point to Kremlin involvement, security expert claims.

Ukraine rebels tighten grip on Donbas region with seizure of industry sites

bne IntelliNews March 3, 2017

Threats grow to national economy after rail blockade and seizure of enterprises belonging to billionaire Rinat Akhmetov.

MOSCOW BLOG - Is Belarus on the cusp of an economic crisis?

Ben Aris in Berlin March 3, 2017

Things are not going well for Belarus President Alexander Lukashenko, who was just snubbed by President Vladimir Putin in Sochi. His country is in desperate need of money and Russia won't help.

Russian capital flight reverses for the first time since 2015

bne IntelliNews March 2, 2017

Capital flight finally reversed in January with the first positive inflows of $2.4bn for the first time since the third quarter of 2015. And even that was only a temporary blip. Russia has been bleeding money every year since 2008.

BALKAN BLOG: Russia the only winner as Macedonian crisis deepens

Clare Nuttall in Bucharest March 2, 2017

President Ivanov’s rejection of an SDSM-led government has added an explosive ethnic dimension to the already dangerous political conflict.

Russia's manufacturing PMI slips in February

bne IntelliNews March 1, 2017

Growth in both output and new orders moderated in February, and although the expansion remained solid, this puts into question the strong start of 2017 for Russia's industry.

VTB and Sberbank go head-to-head with the arrival of a Russian postal bank

Ben Aris in Berlin February 28, 2017

​Russia’s state-owned banking behemoths square up after VTB Bank announced it would hire 7,000 workers under expansion plans for the newly established post bank that will encroach on its sister Sberbank’s turf.

Russian retail sales and wage gap narrows in January on social payments

bne IntelliNews February 27, 2017

Rosstat’s data release for January 2017 turned in a pleasant surprise for Russia, with retail sales turnover falling by the least since the start of 2015 and big upward revisions for both nominal and real wages.

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