Rappler's latest stories on Russia economy
Russia to hike taxes on high earners after coronavirus
Russian President Vladimir Putin says extra revenues from higher taxes starting 2021 would be used for 'treating children with severe rare diseases'

Russia's central bank cuts key rate to historic low
The Russian central bank says the negative effect of the economic lockdown has been 'more extended' than previously assumed

Russia unveils $72-billion virus recovery plan
Aimed at boosting employment, incomes, and economic growth, the Russian government's plan 'contains over 500 measures'

Russian small businesses reopen to uncertain future
A study shows about a third of Russian companies risk bankruptcy following a collapse in demand fueled by the coronavirus pandemic

Russian economy seen to shrink 9.5% in Q2 2020
After sluggish growth in the 1st quarter of 2020, Russia expects its 2nd quarter gross domestic product to plummet as coronavirus restrictions bite

Russia Q1 2020 economic growth slows to 1.6%
This is lower than the Russian economy ministry's forecast of 1.8%. But the 2nd quarter figure is expected to be much worse as the full impact of the coronavirus lockdown is felt.

Russia's small businesses buckling under virus restrictions
For Russians whose purchasing power has already been hit over recent years, the economic situation looks set to become even more precarious

Coronavirus, falling oil hit Putin hopes for economic revival
Russian President Vladimir Putin promised to revive the economy, but now faces a double whammy

Russia unveils measures to support business amid pandemic
Russian Prime Minister Mikhail Mishustin also calls on large corporations to provide solutions and help the government

IMF slashes 2015-2016 world growth forecast
The IMF said poorer prospects in China Russia the euro area and Japan will hold world GDP growth to just 3 5 this year and 3 7 in 2016

Putin says his grip on power is firm and economy will rebound
The Russian leader says the economic downturn will last two years at most but adds the economic gloom has not swayed his stance on Ukraine

Russians go on shopping splurge as ruble plunges
For those with savings planning to buy big ticket imported items now is the time to hit the shops before prices go up drastically to reflect the new cost of imports

Sanctions-hit Putin visits India to boost energy, trade ties
UPDATED Putin will be looking to advance nuclear power oil and natural gas and even diamond deals with longstanding ally India on his first visit since Prime Minister Narendra Modi swept to power in May

Ukraine opposition seeks early polls after protest crackdown
Opposition parties also said they would form a national resistance task force and call a countrywide strike