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Russia , Sunday 31 May 2026

Russian economy meltdown as housing developers face 'bankruptcy' and mortgage rates soar

Published on: Saturday 07 February 2026

Russian economy meltdown as housing developers face 'bankruptcy' and mortgage rates soar Russia’s economy is slowing sharply with nearly 20% of Russian property developers at risk of bankruptcy thanks to plunging sales driven by high mortgage interest rates. With the highest interest ...



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