Russian income slide will hurt poorest borrowers

Russians will see their incomes fall and some will lose their jobs in the coming recession

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In this article

  • Poorest will be hardest hit
  • Employment
  • Job retention scheme
  • Falling income levels
  • High indebtedness
  • Trouble paying
  • Banks' resilience
  • Restructuring to avoid NPL explosion
  • Home-buying slump

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.