Interest Rates

In the world of economics, few terms are as frequently discussed - or as widely misunderstood - as inflation and recession. These two phenomena are central to economic policymaking, financial market behavior, and household decision-making. Understanding their definitions, effects, and interrelationship is essential for grasping the broader dynamics of an economy.

Since the full-scale invasion of Ukraine in February 2022, Russia has faced one of the most severe sanction regimes in modern history. Western powers, led by the United States and the European Union, imposed broad restrictions aimed at crippling Russia’s economy and isolating it from global financial systems.

The European Central Bank (ECB) plays a pivotal role in shaping the economic landscape of the European Union (EU) through its monetary policy decisions, particularly interest rate adjustments. These decisions influence economic growth, development, and market activity across the eurozone.​