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Business |  Economics |  26.07.21

Russians Cut Savings in Foreign Currency

Over the past seven years, the share of Russians who have savings in foreign currency has been systematically decreasing, so that by the end of 2020 it decreased threefold to 6 per cent (compared to 19 per cent in 2014), according to the experts from the NAFI Analytical Centre.   Specialists have found out that respondents

Business |  Economics |  16.07.21

Experts Named Russian Regions That Benefit From Tourism in 2021

The dynamics of the profit of the tourism sector shows that the Crimea and the Krasnodar Territory will benefit the most in 2021 under the current conditions. Other regions of the Russian Federation have not yet been able to fully realize the possibilities of domestic tourism, RIA Novosti reports with reference to the analysts of

Business |  Economics |  15.07.21

Most Russians Associate Exchange Investments With Income and Profit

Specialists from the SuperJob job search service interviewed Russians to find out their understanding of exchange-traded investments. It turned out that the assessment of the difficulty of investing among Russians who have experience of playing on the stock exchange is lower than among those who have no such experience.   Thus, the difficulty of investing on

Business |  Economics |  13.07.21

Russians Named Real and Desired Expenses for Summer Vacation

The average Russian can afford to spend 36,000 rubles during a week of vacation, while a week of ideal vacation was estimated at 135,000 rubles per person, according to the results of a survey conducted by specialists from the SuperJob job search service.   Experts clarify that the women’s vacation budget is less than that of

Business |  Economics |  12.07.21

Russian Teenagers Named Top Expense Items

Specialists of the NAFI Analytical Centre conducted a study and found out the level of financial literacy of adolescents in Russia. It turned out that despite the fact that most of the financial decisions for schoolchildren of 14-17 years old are made by their parents, 82 per cent of adolescents have personal funds. In addition,

Insight |  Economics |  08.07.21

Financial Literacy Lessons to Be Introduced in Russian Schools

Teaching financial literacy will become compulsory for Russian schools. Various elements of this discipline have already appeared in the new educational standards, RIA Novosti reports. In the elementary grades, it will be included in the programme of Mathematics and from the fifth to the ninth grades, it will be added to Social Studies and Geography.  

Business |  Economics |  08.07.21

Russia Proved its Attractiveness for Foreign Investors

The Ernst & Young (EY) international company investigated the investment attractiveness of Europe for foreign investors and Russia entered the top twenty most attractive countries, RIA Novosti reports. The first place is taken by France where foreigners have invested in 985 projects. This is followed by Great Britain (975) and Germany (930). The top ten

Business |  Economics |  08.07.21

Russians Started Making Bigger Payments for Mortgages

Almost a quarter of mortgage borrowers in Russia increased their monthly loan payments during the pandemic. In particular, half of them began to pay 20-30 per cent more, RIA Novosti reports referring to the results of a study conducted by the Online-Ipoteka mortgage supermarket.  “About 23 per cent of mortgage borrowers during the pandemic voluntarily

Business |  Economics |  08.07.21

Russians Named Desired Salary Size

Specialists of the job search service conducted a survey among more than 5,000 service users over 18 years old from all regions of Russia and found out what salary they would like to receive in the second half of 2021. It turned out that on average in Russia people would like to receive 131,600

Business |  Economics |  08.07.21

Intangible Assets of Moscow SEZ Residents Reached 9 Billion Rubles

The value of intangible assets of residents of the Technopolis “Moscow” Special Economic Zone increased by one billion rubles in 2020 and amounted to about 9 billion rubles, according to the press service of the city Investment and Industrial Policy Department.   It is specified that the intangible assets of organizations are objects of intellectual property.

Business |  Economics |  07.07.21

Russia to Increase Concessional Lending Volume for Small Businesses

Russian President Vladimir Putin instructed the government, the Bank of Russia, and the SME Corporation to take additional measures by November 2021 to increase the availability and volume of concessional lending to small and medium-sized businesses. The corresponding instructions are published on the Kremlin’s official website.  According to the document, the Government of the Russian

Business |  Economics |  07.07.21

Experts Named Top Highest Paid Professions in Russia

The job search service specialists conducted a study that resulted in a rating of professions with the highest average salaries in Russia. The study showed that the highest income in the country is available to a technical director in the IT sector (183,000 rubles per month).   Experts clarify that the duties of such a