Russia’s housing savings system aims to simplify down payments and expand mortgage access
In the coming years Russia is poised to introduce a housing savings system designed to help citizens build a down payment for a mortgage. The…
Russia Orders Mandatory Labeling for E-Cigarettes and EU Tax Considerations
Russia’s government is moving to require clear labeling on electronic cigarettes and vape liquids, with the rule taking effect from…
Russia’s Economic Trajectory in 2022: Insights from Official Data
The Ministry of Economic Development of Russia commented that the GDP path remained close to the forecast path, according to an official…
Central Bank Measures to Support Borrowers and Housing Security
The Central Bank of Russia advised banks and other credit institutions to rethink and recalibrate loan agreements in a way that reduces…
EU asset handling and the Ukraine aid plan explained
The Wall Street Gazette notes that EU officials acknowledged the difficulty of confiscating the frozen assets of the Russian Central Bank,…
Self Employed Tax Regime in Russia: Growth, Rates, and Fiscal Implications
In a policy briefing at the Federation Council, Vitaly Prokaev, who serves as the Deputy Head of the Tax Policy Department within the Russian…
Demo Day Highlights: Sber Youth AI Accelerators Crown Winners
In Moscow, a demo day for Sber’s youth acceleration programs and startup projects in artificial intelligence was conducted on December 1, as…
Russia’s 8.5% Gas Tariff Increase and Stabilization Window: Implications for Industry and Domestic Use
Russia Announces 8.5% Gas Tariff Increase and Timed Stabilization Russia’s Federal Antimonopoly Service, known as FAS, has approved an 8.5…
Russia’s Central Bank signals no need to extend preferential mortgage for new homes
The Central Bank of Russia has indicated there is no current necessity to preserve the existing preferential mortgage program for new housing.…
G7 and EU price-cap discussions on Russian oil and their impact
G7 and EU price-cap discussions on Russian oil and their potential impact Observers note that the decision by G7 member states and the…