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The Bell
@thebellio.bsky.social
The Bell is the leading independent media covering Russia's economy. Founded in 2017 by a team of experienced editors, The Bell's experts write two newsletters per week with analysis of the most important economic news out of Russia: https://en.thebell.io/
The Bell's Alexandra Prokopenko and Alexander Kolyandr take a closer look: Is Russia facing a debt crisis? Free to read on our new Substack:

thebellio.substack.com/p/is-russia-...
Is Russia facing a debt crisis?
This week we detail growing concerns about the health of the financial sector, and look at how the cumulative impact of sanctions is weighing on many parts of the economy.
thebellio.substack.com
November 17, 2025 at 7:05 AM
"The corporate sector has its own problems, mentioned by the central bank in a document published last week summarizing its latest decision on the key rate."

thebellio.substack.com/p/is-russia-...
November 17, 2025 at 7:05 AM
"Similar issues are playing out with mortgages issued from mid-2023 to mid-2024, when Russians rushed to buy property before the cancellation of state-subsidized mortgages."

thebellio.substack.com/p/is-russia-...
November 17, 2025 at 7:04 AM