These include France (0.9 percent), Germany 0.9 (percent) and Italy (0.8 percent), but forecasts for the eurozone are ...

Nearly four years of war in Ukraine have devastated the Russian civilian economy. This year, 75 percent of Russia’s regions report serious budget deficits and more enterprises are becoming ...

The Russian economy appears to be "on the verge of a transition to recession," Russian Economy Minister Maxim Reshetnikov said on June 19, adding that the next step will be decisive. The comments ...

The deterioration in the value of the SOI of recession exit was mainly due to the accumulated effect of the ruble ...

Vladimir Putin has staved off additional U.S. sanctions for now, as he bought more time to prosecute his war on Ukraine by meeting with President Donald Trump in Alaska last week, sparking a flurry of ...

In this photo released by the Roscongress Foundation, Minister of Economic Development of the Russian Federation Maxim Reshetnikov attends a plenary session of the St. Petersburg International ...

President Vladimir Putin claimed on June 20 that Russia's economy is strong despite war and sanctions, brushing off mounting warnings from his own officials about stagnation and looming recession.

ST. PETERSBURG, Russia (AP) — President Vladimir Putin on Friday hailed Russia's economic outlook, saying it has managed to curb inflation and ease its reliance on energy exports. His optimistic ...

ST. PETERSBURG, Russia — Russia's economy is “on the brink of going into a recession,” the country's economy minister said Thursday, according to Russian media reports. Economy Minister Maxim ...

ST. PETERSBURG, Russia (AP) — Russia’s economy is “on the brink of going into a recession,” the country’s economy minister said Thursday, according to Russian media reports. Economy Minister Maxim ...