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Russland: Zunahme von mehr als 29 Milliarden Euro seit Januar: Warum Russen Milliarden an Bargeld abheben

Die Russen horten Bargeld. Gleichzeitig steigen die Belastung der Unternehmen, das Haushaltsdefizit wächst und die Finanzreserven schrumpfen. Was dahintersteckt.

Russland: Zunahme von mehr als 29 Milliarden Euro seit Januar: Warum Russen Milliarden an Bargeld abheben

Since January, Russian citizens have been withdrawing over 29 billion euros in cash, according to data from the Central Bank of Russia. This surge in cash withdrawals has been attributed to internet outages and a higher value-added tax, which began in March 2026 following nationwide internet shutdowns. The tax increase, from 20% to 22%, has led people to rely more on cash as they adapt to the new system.

Some companies have also contributed to the cash flow by voluntarily contributing almost 384 billion rubles to the state budget by mid-August, which is nearly double the amount from the previous year. This voluntary contribution, aimed at evading a proposed "windfall tax" on profits, could be a sign that businesses are trying to avoid additional taxes.

The fear of the government accessing bank deposits may also play a role, as historical experiences have taught Russians to mistrust banks and the ruble. The current crisis in the Russian economy is primarily structural-political, not financial, with a liquidity deficit of around 2.7 trillion rubles, which has reached its highest level since March 2022.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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