Au cœur de l'économie russe
Our weekly in-depth analysis of the Russian economy from Alexandra Prokopenko and Alexander Kolyandr, who have experience at the Russian Central Bank and financial sector more broadly. Filled with reliable data, insightful analysis and commentary from sources inside Russia. From May 1, 2025, it went behind a paywall.

Is Russia’s economy addicted to military spending? PRO Members Public
Hello! Welcome to your weekly guide to the Russian economy — written by Alexander Kolyandr and Alexandra Prokopenko and brought to you by The Bell. This week, our top story is an analysis of whether—and how—Russia’s economy could demilitarize in the event of a ceasefire in Ukraine. We

Is Russia’s overheated economy finally starting to cool? PRO Members Public
Hello! Welcome to your weekly guide to the Russian economy — written by Alexander Kolyandr and Alexandra Prokopenko and brought to you by The Bell. This week, our top story looks at the signs that the economy is finally starting to cool. We also analyze what an oil price of about

The value of a Russian life PRO Members Public
Hello! Welcome to your weekly guide to the Russian economy — written by Denis Kasyanchuk and Alexander Kolyandr and brought to you by The Bell. This time our top story is an analysis of the value of a Russian life – both according to economists, as well as wartime compensation payments. We

Central bank forecasts suggest higher inflation for longer PRO Members Public
Hello! Welcome to your weekly guide to the Russian economy — written by Alexandra Prokopenko and Alexander Kolyandr and brought to you by The Bell. This time our top story is an analysis of the Central Bank’s annual economic forecasts. We also look at the collapse in EU exports to

The economic impact of Ukraine’s incursion into Russia PRO Members Public
Hello! Welcome to your weekly guide to the Russian economy — written by Alexander Kolyandr and Alexandra Prokopenko and brought to you by The Bell. This time our top story is a look at the economic fallout for Russia of Ukraine’s attack on the Kursk region. We also look at

Russia’s wartime investment boom PRO Members Public
Hello! Welcome to your weekly guide to the Russian economy — written by Denis Kasyanchuk and Alexander Kolyandr and brought to you by The Bell. This time we look at the rapid growth in investment that Russia has seen since the full-scale invasion of Ukraine. Where has the money come from?

The Western banks are not leaving Russia yet PRO Members Public
Hello! Welcome to your weekly guide to the Russian economy — written by Alexander Kolyandr and Alexandra Prokopenko and brought to you by The Bell. This time we take an in depth look at the two biggest European banks in Russia – Austria’s Raiffeisen and Italy’s UniCredit. Why are they

Preparing for new ‘confiscation wars’ PRO Members Public
Hello! Welcome to your weekly guide to the Russian economy — written by Alexander Kolyandr and Alexandra Prokopenko and brought to you by The Bell. Our top story this time is the discussions underway in Russia about a legal tool to allow the state to seize the frozen assets of foreign

Russia’s 650,000 wartime emigres PRO Members Public
Bonjour ! Bienvenue dans votre guide hebdomadaire de l'économie russe, rédigé par Denis Kasyanchuk et Alexandra Prokopenko et présenté par The Bell. Notre sujet principal est l'étude de The Bell sur l'exode des Russes à la suite de l'invasion de l'Ukraine. Nous nous penchons également sur les maux de tête de la Banque centrale de Russie.

Russia’s acute labor shortage PRO Members Public
Hello! Welcome to your weekly guide to the Russian economy — written by Alexander Kolyandr and Alexandra Prokopenko and brought to you by The Bell. Our top story is a deep dive into Russia’s wartime labor shortage, and what’s driving it. We also look at some Western successes targeting