Interfax

Inflation will be lower than forecasts in Russia in 2025 at around 6%, GDP growth expected at 0.5%-1%, but there are imbalances - Putin

MOSCOW. Dec 2 (Interfax) - Inflation in Russia in 2025 will be lower than forecasts and will amount to around 6%; GDP growth is expected from 0.5% to 1%, which is an expected soft landing, but some ...
Interfax

Cuba interested in strengthening cooperation with businesses of EAEU countries - EEC

MINSK. Dec 2 (Interfax) - Prospects for expanding trade and economic ties between the countries of the Eurasian Economic Union (EAEU) and Cuba have been discussed in Havana during a meeting of the ...
Interfax

EEC reduces import duties on certain types of nuts, seeds, pits to zero for three years

Previously, the EEC made a decision to reduce import duties to zero for shea nuts, shorea nuts, and a number of other types of nuts, seeds and pits for the fat-and-oil and confectionery industry in ...
Interfax

Serbia has not received special license to continue operation of NIS, will stop refinery in Pancevo - president

Serbia has made a decision to completely suspend operations at the refinery in Pancevo, and NIS will subsequently decide when it will be stopped, Vucic said. The NIS refinery was placed on hot standby ...
Interfax

Russian MinFin placing CNY 20 bln of OFZ bonds

MOSCOW. Dec 2 (Interfax) - The Russian Finance ministry will place CNY 20 billion of its debut yuan-denominated OFZ federal bonds. A financial market source told Interfax that this included CNY 12 ...
Interfax

VTB has two parties interested in acquiring bank's stake in Pulkovo Airport, due diligence underway - bank president

VVSS Holding LLC owns Northern Capital Gateway LLC (VVSS), which operates Pulkovo Airport, and VTB holds the largest stake in VVSS Holding LLC. Other major co-owners include Oman's Orbit Aviation (25% ...
Interfax

Raised key rate trajectory for 2026 still implies its continued decline, markets reacted correctly to this - Nabiullina

MOSCOW. Dec 2 (Interfax) - Raising the trajectory of the key rate for 2026 still implies a further easing of monetary policy, and markets reacted correctly to this, Central Bank of Russia Governor ...
Interfax

Kazakhstan intends to launch new refinery by 2040, increasing oil refining overall to 40 mln tonnes

ASTANA. Dec 2 (Interfax) - Kazakhstan intends to increase oil refining to 40 million tonnes by 2040 after commissioning a new oil refinery, Energy Minister Yerlan Akkenzhenov said.
Interfax

EU wants to invest 500 mln euros in new electricity transmission line between Armenia, Georgia

YEREVAN. Dec 2 (Interfax) - The European Union is to invest 500 million euros in the diversification and reinforcement of Armenia's energy security, European Commissioner for Enlargement Marta Kos ...
Interfax

Strong ruble is one of the challenges facing Russia's economy - economic development minister

MOSCOW. Dec 2 (Interfax) - A strong ruble resulting from a large trade surplus is a challenge for the Russian economy, Economic Development Minister Maxim Reshetnikov said at VTB Bank's Russia Calling ...
Interfax

Armenian Nuclear Power Plant restores full capacity after maintenance

"The scheduled mid-life maintenance of the turbine units planned at the Armenian Nuclear Power Plant from November 23 to 30, 2025, was completed with sequential shutdowns. The repairs included ...