Russia's Central Bank predicts growth of no more than 1-2 percent this year
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President Vladimir Putin has said military outlays are now at nine percent of GDP
After three years of doom-defying growth, Russia's heavily militarised economy is slowing, facing a widening budget deficit and weak oil price…
The EU is readying a fresh round of sanctions against Russia after leaders threatened Moscow with "massive" economic punishment for not agreei…
Liquefied natural gas being delivered at the Fos-sur-Mer terminal in southern France, in June 2023
Infographic showing European Union member states importing Russian liquified natural gas (LNG) and their other major suppliers for 2024
The EU on Tuesday unveiled a long-promised plan to phase out its remaining gas imports from Russia by the end of 2027, breaking a dependency i…
The PCK oil refinery in the German town of Schwedt has struggled to remain profitable without Russian oil
The PCK oil refinery in the German town of Schwedt employs around 1,200 people
Germany's PCK oil refinery is majority-owned by a local subsidiary of the Russian oil giant Rosneft