Eastern Europe / Opinion

STOLYPIN: Coronavirus and Kremlin stressing Russia’s elite social contract

Mark Galeotti director of the consultancy Mayak Intelligence and also an honorary professor at UCL School of Slavonic & East European Studies June 1, 2020

To some, under the influence of the COVID-19 pandemic, Vladimir Putin’s much-vaunted ‘power vertical’ is rotating, turning on its head. Power has shifted from the centre to the regions

OPINION: Why the Russian economy will inevitably become green after the COVID-19 epidemic is over

director of Creon Capital in Luxembourg May 18, 2020

Investors are “risk on” again thanks to the coronavirus, but the climate crisis has not gone away, nor has work to build a financial green infrastructure stopped. Russian companies will inevitably join the fray and are already taking action

ING: Russia - The curious case of FX interventions

Dmitry Dolgin chief economist Russia at ING in Moscow May 12, 2020

The Central Bank of Russia will make FX sales of more than $2.6bn in May, lowering the risks of a weaker ruble.

ING: Central and Eastern Europe’s fiscal and monetary response to COVID-19

Rafal Benecki et al of ING THINK May 12, 2020

What is behind the magic of high numbers of anti-crisis programmes to combat the economic fallout from COVID-19? Some CEE countries can afford policy responses like developed markets as their central banks kick-start QE support programmes.

OPINION: Post-COVID recessions bring risk of turbulent spring

Clare Nuttall in Glasgow May 11, 2020

Governments that failed to rise to the crisis — through denial, dismissing the dangers or simply incompetence, resulting in unnecessary deaths and economic hardship — should fear their day of reckoning.