Armenian Prime Minister Nikol Pashinyan has warned that Russia’s restrictions on Armenian exports are calling into question the future of the Eurasian Economic Union (EAEU), saying the dispute could mark “the beginning of the end” for the Moscow-led bloc if it is not resolved soon.
In July 2025, the North Caucasus saw a decrease in the popularity of credit cards. According to the Central Bank, their number in the district has noticeably decreased compared to the same period last year.
The most significant decline was recorded in Stavropol Krai - from 825.1 thousand in 2024 to 697.7 thousand cards in 2025. A decrease in the number of users was also noted in Dagestan, Ingushetia, North Ossetia, Kabardino-Balkaria and Karachay-Cherkessia.
The exception was Chechnya, where, on the contrary, an increase in the popularity of this banking product was recorded - from 152.9 thousand to 157 thousand. This trend in the North Caucasus corresponds to the all-Russian trend of decreasing use of credit cards. In total, 44.4 million credit cards were actively used in Russia in July 2025, while a year earlier it was 50.1 million.