BERLIN, March 4 (Reuters) - Germany's intelligence service on Wednesday accused Moscow of hiding the true cost of the war in Ukraine, saying Russia's budget deficit in 2025 was more than 2.36 trillion ...
About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development.
Russia's economy grew by one percent in 2025, President Vladimir Putin said on Tuesday, marking a much slower expansion compared to the 2024 figure as it stutters under the burden of the Ukraine war.
By Gleb Stolyarov MOSCOW, March 2 (Reuters) - A protracted crisis in Russia's rail industry - driven by the slowing economy, sanctions and global market pressures - deepened in February, adding strain ...
The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit – due in part to massive military spending – and shrinking revenues from oil and ...
Even as President Donald Trump insists Russia has the upper hand in its war against Ukraine, economists say the country’s position is weaker than ever because the Kremlin has burned through most of ...
On January 19, Russia’s Ministry of Finance published a report assessing the country’s federal budget execution in 2025. The document found that Russia ran a federal budget deficit equal to 2.6% of ...