The sky beckoned pensioners // Aeroflot found a way to increase passenger traffic

Air carriers, hoping to receive state subsidies, continue to fight to increase passenger traffic through promotions. Thus, Aeroflot will sell tickets to pensioners at a single rate until the end of the year. The airlines are faced with the task of keeping passenger traffic from falling by more than 10%. But although in July Pobeda … Read more

Control and supervision will be recalculated before autumn // Mandatory requirements are promised an additional test for effectiveness

The White House has until September 1 to revise the lists of mandatory business requirements, which should come into force before the end of 2024. Additional expertise was required in connection with attempts to reduce administrative pressure on entrepreneurs in the face of sanctions due to the military operation of the Russian Federation in Ukraine … Read more

State cloud is increasing its client base // The terms and composition of the participants in the experiment with a single cloud platform are expanding

The Ministry of Digital Development proposes to extend until the end of 2024 the experiment on the transfer of information systems of federal executive authorities to the state cloud, allowing regional authorities to participate in the pilot. In the apparatus of Deputy Prime Minister Dmitry Chernyshenko, the initiative is explained by the need to consolidate … Read more

Dear Enemies // The rise in oil prices has made Russia one of the three largest suppliers of the European Union

The increase in prices for raw materials, primarily for energy resources, led to a sharp increase in supplies from Russia to the EU countries. According to Eurostat, in the first half of the year, the increase in European imports from Russia amounted to 78.9%, the country also remained the third largest supplier to the EU. … Read more

Import substitution will receive a loan // SMEs are promised loans at 3–4.5% per annum

To attract small and medium-sized businesses to import substitution, the authorities are piloting a new program of concessional lending for investment purposes – at only 3% and 4.5% per annum. This tool will be available to companies in the processing, logistics, agricultural processing and hospitality industries. In order to reduce the cost of lending, it … Read more

The ECB assessed the impact of sanctions on Russian imports // Foreign Trade Monitoring

A new edition of the Economic Bulletin of the European Central Bank (ECB) analyzes changes in trade supplies from Russia since the start of the Russian military operation in Ukraine. Energy and agri-food flows are tracked by ECB analysts using data on shipping and gas supplies, imports to Russia are summarized based on statistics from … Read more

Services have pulled up consumption // But the growth of business activity in this area may be short-lived

With improved business activity in the services sector, the composite PMI rose to its highest since mid-2021 in July. The main reason for this is the increase in domestic demand. However, the demand for services, which increased from the second half of June, began to shrink again by the end of July. Growth in consumer … Read more

Personnel and employers have decided in doubts // Monitoring of the labor market

Russian employers are not sure how their business will develop until the end of 2022, and cannot yet determine a short-term personnel strategy. Such a conclusion can be drawn from the study of the recruitment company Ventra “Labor Market Challenges 2022: the view of employees and employers.” As follows from the results of the survey … Read more

Gas triggered nuclear reaction // Energy crisis could delay nuclear and coal phase-out

Rising global prices for fossil fuels will increase the costs of European households in 2022 by an average of 7%, experts from the International Monetary Fund (IMF) have calculated. In May, energy inflation accounted for up to half of the annual consumer price index. In Germany, the energy crisis has exacerbated the discussion about the … Read more