About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development.
The Russian economy is stuck in what might be described as negative equilibrium: holding itself together while steadily destroying its own future capacity. Export revenues are falling, and economic ...
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 ...
December 31, 2025: Nearly four years of war in Ukraine have devastated the Russian civilian economy. This year, 75 percent of Russia’s regions report serious budget deficits and more enterprises are ...
Opinion
15don MSNOpinion
The Russian economy is eating its own muscle to survive as Putin’s war on Ukraine destroys future capacity, former central bank advisor says
“The body is metabolizing its own muscle tissue for energy,” Prokopenko said.
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.
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