Ukraine migrant flows after war may prove key to central Europe's growth prospects, S&P says

Ukrainian migrant flows in and out of Central and Eastern Europe (CEE) after the war could prove key to the region's growth prospects, S&P Global said in a report, with possible effects on economic ... Read More

Ukraine's economic police need more to fight shadow economy, director says

Ukraine's fledgling economic police need more resources to crack down properly on an untaxed shadow economy worth billions of dollars and create an investor-friendly climate, its director said in an ... Read More

Putin Wagers Ukraine’s Army Will Break Before His Economy Does

Moscow’s military goal isn’t so much to capture land as to exhaust Ukraine’s forces, until Kyiv is forced to capitulate. Putin is likely to reduce his aims and accept a deal that Ukraine and the West ... Read More

Russia cuts interest rate to 17% as strains show in wartime economy

Russia’s central bank is cutting its benchmark interest rate by one percentage point to 17%, a step that could support growth and business activity as the economy slows and the government budget defic ... Read More

Russia’s Economy Is Getting Crushed By Sanctions and Ukraine War Costs

Russia Could Be Headed for Recession Russia could be teetering on the edge of a recession as it straddles the double-edged sword of sanctions and a growing war budget. German Gref, Sberbank’s veteran ... Read More