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27.07.2009, 11:05

Russia heads for energy efficiency

Russia is launching a programme to halve the country’s energy consumption over the next decade, as European shops face a 2014 deadline for selling only the most energy efficient appliances.

27.07.2009, 10:12 5 comments

Russia’s rich move money out

In 2008 Russia’s rich almost doubled their transfers abroad compared to the previous year with overall investment into foreign economies totaling $25.6 billion.

24.07.2009, 23:07

Steelmakers look to fire up a recovery

Russia's steelmakers have asked Vladimir Putin for help in bring the sector back from a slump. The Prime Minister has pledged to stimulate demand for steel and support on international markets.

12.10.2009, 12:19 2 comments

Medvedev says budget deficit will be reigned in as soon as possible

Russian President, Dmitry Medvedev, calls for the economy to move from energy reliance in just over a decade and emphasizes that moves to address the economic downturn should limit Russia’s long term plans.

12.08.2009, 22:42 1 comment

Excise hike to drive beer lovers to bigger budget contribution

Beer drinkers are facing a sharp price rise, with the government planning to triple excises. But brewers saying higher duties could drive beer lovers to stronger drinks.

17.05.2010, 15:06

Time to start looking at rising inflation

Russian inflation has dropped to levels not seen in a generation in the wake of the global financial crisis and ensuing economic recession. But it is now time to start preparing for the turnaround.

16.03.2009, 23:22

41 the link between Oil and Rouble stability

The Rouble weakened against the Euro -Dollar basket during Monday trade as crude prices after OPEC's decision to maintain output. But a rebound in U.S. trade to a 2 month high has an upside for the Russian currency.

AFP Photo / Eric Feferberg 03.04.2009, 12:22

G20 comes up with stimulus and pause on new regulation

The G20 summit has closed with a defeat for those seeking tougher regulation of the markets - but a commitment to boost aid to troubled economies.

03.04.2009, 12:35

Small business burden to get lighter under new proposals

Life for Russia’s small businesses may become easier with the Government about to adopt a lighter taxation system for companies with annual sales below $2 million, and bigger firms access to a simplified 15% tax.

AFP Photo / Natalia Kolesnikova 15.04.2009, 10:53

Unemployment outlook dims as market players look for response

With the number of Russian jobless hitting 2.2 million people, experts say the money being allocated to fight unemployment may not solve the problem and that Russia’s job market needs a total reshuffle.

Budget deficit throws cloud over government outlays

Published: 27 July, 2009, 21:51


This week will see the Russian government finalising the budget for the year ahead, with another budget deficit in store, as plans for longer term budgeting are put on hold.

 
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