“The body is metabolizing its own muscle tissue for energy,” Prokopenko said.

About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development.

The Russian economy, fueled by the country's military-industrial complex, had long posted growth rates above the European average. Today, however, the country's economic indicators are all in the red.

During his December 2025 year-end press conference, Russian President Vladimir Putin acknowledged Russia's economic slowdown, ...

Vladyslav Vlasiuk has spent the past four years pressing Western allies to squeeze the Russian economy through more sanctions. He hopes that 2026 will be the tipping point.

A bakery owner who pleaded with Putin to look into tax reforms warned that many businesses will be forced to close.

The European Commission wants to invest money into border areas — but there won’t be any new funds from the EU’s current budget.

“Russia has been intentionally striking US businesses in Ukraine,” Ukraine’s foreign minister Andriy Sybiha said last week.

(Corrects minister's first name to Maxim in first paragraph) MOSCOW, Feb 12 (Reuters) - Russia's economy will continue to slow down in the first half of 2026, Economy Minister Maxim Reshetnikov was ...

Ukraine's economy will see less growth this year and next due to damage to its energy infrastructure from Russia's attacks.