Conditions for entering the EU, Triumph can leave Russia: breaking news August 24

World

• The Lithuanian Foreign Ministry is proposing to allow Russians into the EU after answering questions about Crimea and the activities of the Russian armed forces in Ukraine.

Russia

• The number of cyberattacks against Russian companies and government organizations in the last six months has increased between 1.5 and 7 times compared to the same period in 2021.

Business

• Lingerie brand Triumph may leave Russia before the end of 2022. The company has been operating in the country since 1995, but due to sanctions, it was unable to organize supplies.
• Sales of used passenger cars in Russia in July were down nearly 18% compared to July 2021. In total, Russians bought more than 478,000 used cars last month.
• During the last month in Russia, the latest iPhone models have fallen in price by 30%. The price reduction was influenced by the strengthening of the ruble, the decline in Russian interest in devices, the upcoming presentation of Apple and new supply chains.
• The Ministry of Finance supported a bill prepared by Senator Andrei Kutepov, which allows the sale of alcohol in summer cafes and terraces throughout the country. We are talking about terraces adjacent to fixed catering establishments that are licensed to sell drinks with a title.

Finance

• Russian banks have started offering “increased” deposit rates, although the average top rate on deposits at the top 10 banks fell to 6.8% in the first ten days of August.
• Credit institutions are trying to collect salaries through the fast payment system (FPS). Five banks participate in the tests.