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breakingnews
25.02.2009, 17:12
1 comment
Russian Finance Minister, Alexei Kudrin, says 2009 budget revenues will fall by 31.5% to approximately 6.3 Trillion Roubles, with outlays to be increased by a further 500 Billion Roubles to 9.3 Trillion Roubles.
25.02.2009, 13:37
London listed Russian oil producer, Sibir Energy, has suspended CEO Henry Cameron, in the latest fallout over the company’s dealing with major shareholder Chalva Tchigirinski.
24.02.2009, 21:32
House prices in Moscow this month have suffered their biggest ever fall according to a new report. Average list rates slumped 5% in a fortnight, with estate agents adding much more can come off in negotiations.
12.03.2010, 14:39
5 comments
Russia's budget deficit in January and February reached $6.6 billion, according to the Finance Ministry. The government hopes to limit the annual deficit to about 7% in 2010 and fill the gap between income and spending.
20.02.2009, 17:58
4 comments
The stimulus package developed by the Russian government looks good on paper, but implemention is too slow, according to the Russian President, addressing the State Council assembly which took place in Eastern Siberia.
05.02.2010, 12:15
3 comments
The United States’ top credit rating is at risk, with its triple 'A' status warned it may be downgraded if the economy grows at a slower pace than expected, says ratings agency Moody's.
14.10.2009, 23:19
2 comments
Time to buy property? Russians are returning to the property market as buyers with the market seemingly reaching the bottom, and prices are going up.
25.11.2009, 22:43
1 comment
A Moscow conference heard Finance Minister Aleksey Kudrin warn the share market was overheated with speculative capital, while the prospect of a withdrawal of banking sector liquidity support also caught attention.
09.07.2010, 20:54
1 comment
Moscow’s property development scene is rebounding after a horror 18 months which saw projects from a range of developer grind to a halt, with Banks financing their own developments.
10.06.2009, 09:42
1 comment
Europe’s biggest bank, HSBC, has started retail lending in Russia. Analysts say, HSBC is one of the few foreign lenders taking the chance to enter the local market.
Published: 26 February, 2009, 11:00
Russian Technologies has admitted it's switching to western financing because Russian bank interest rates are too high. The news came as Parliament backed proposals to slash hi-tech investment.
