Eurozone consumers fear stagflation, ECB study finds
Rather pessimistic expectations. According to a new monthly survey by the European Central Bank published on Thursday 4 August, consumers in the euro zone expect stagflation in the next twelve…
Italy to approve 14.3 billion euros in additional inflation aid
Italy plans to approve a new aid package worth around 14.3 billion euros on Thursday to support Italian businesses and families in the face of soaring energy costs and prices…
VTB sells 46.29% stake in Cyprus-based RCB Bank
VTB Group is selling a 46.29% stake in the Cypriot RCB Bank, other shareholders of RCB Bank Ltd acted as buyers of the stake. This is stated in the message…
Britain imposed a sanction against VTB, Aeroflot, Rostec and limited the deposits of Russians
Prime Minister of the United Kingdom Boris Johnson has announced a new package of British sanctions against Russia in response to the military operation in Ukraine. The corresponding statement was…
RusHydro’s GDR and ADR program ended on the London Stock Exchange
Depository receipts of PJSC RusHydro were excluded from the list of securities admitted to trading on the London Stock Exchange (LSE) on August 2, the energy company said. We are…
OPEC+ discusses strategy, under American pressure
The OPEC + countries meet in Vienna on Wednesday to discuss their oil production strategy, under the gaze of Joe Biden who recently courted Saudi Arabia to try to stem…
The US Department of Commerce tightens restrictions on the export of microelectronics and other equipment to Russia
The United States is introducing tougher rules for obtaining export permits for microelectronics, as well as avionics and aircraft parts using American technology. The US Department of Commerce announced this…
OR Group defaulted on the payment of a coupon of bonds 002Р-01 for 3.45 million rubles
LLC „OR” (former name „Obuv Rossii”) defaulted on the payment of the 9th coupon on bonds series 002R-01 in the amount of 3.454 million rubles, the company said. The reason…
Taxes: nearly 10.7 million tax households still owe money to the tax authorities
The time to take stock has arrived. The Directorate General of Public Finances drew up the results of the 2022 declarative campaign on Tuesday, August 2. Nearly 10.7 million tax…
Discount on Urals in Europe reached a maximum in history due to fear of sanctions
The discount on the Russian export grade of Urals oil in Europe in relation to the standard reached on Thursday, February 24, the maximum size in the entire history of…