Plugging the gap. The Russian government will reportedly introduce changes to the energy sector to help plug a growing gap in the federal budget. Taxes on oil producers will be calculated based on the price of Brent crude rather than the traditional Urals, the price of which has fallen due to sanctions and a Western […]
Daily Memo: Russia’s New Tax Plans, Italy’s Energy Future
The Kremlin is looking for ways to stem the growing budget deficit.
