Blog Blog: The Russian banking sector – where to next? Several reforms improving banking and financial market regulation as well as supervision have been put through since summer 2013. Share Email Twitter Facebook Linkedin Google+
Russia’s economy and imports to contract further The Bank of Finland forecasts a 3% contraction in Russian GDP in 2016. This is due to the export price shocks Russia has had to face. Share Email Twitter Facebook Linkedin Google+
Russian economy and imports to contract substantially in 2015 The Russian economy has begun to contract due to the fall in the price of oil. GDP will contract by over 4% in 2015. The uncertainty will cause a decline in investment, and consumption will be cut particularly by rapid inflation. Imports will be reduced by the contracting economy, a weak rouble and declining export income. Share Email Twitter Facebook Linkedin Google+