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22.10.2009, 16:29

Ten Rouble notes to recede into history

Russia’s ten rouble note, a mainstay of consumer services from local buses to metro tickets is to be phased out from 2010 to be replaced by coins, but no official decision has been taken on 1 and 5 kopeck coins.

Illustration by Lael Henderson 21.10.2009, 22:33

Budget deficit to ease as economies moves away from recession

An economy pulling strongly out of recession would help the budget deficit to be reined in faster than previously expected.

21.10.2009, 22:04

Rebounding Russia returns as investment target

Further signs of an economic rebound are pushing Russia back into the limelight as an investment destination as the Russian-British investment forum looked to get bilateral economic ties back on track.

11.08.2009, 20:17 2 comments

Russian economy slumps further in 2Q

2Q data showed Russia's economy is contracting rapidly - while other emerging markets are recovering. The President says its time to change the economic structure, while analysts look for more infrastructure spending.

Vladimir Putin (AFP Photo / Dmitry Kostyukov) 06.04.2009, 15:41

PM points to upped competitiveness and saved banks thanks to State

Russia will overcome the financial crisis and hold on to its position as one of the world's leading economies according to Prime Minister Vladimir Putin, speaking to the Duma on Monday.

09.07.2009, 09:52

G8 agenda goes first to climate, while economic stimulus remains for now

The G8 countries have reiterated their commitment to cut their own carbon emissions by 50% by the year 2050.

09.09.2009, 10:59

Deficit set for scrutiny as budget comes up for debate

The Russian government is to present its 3-year budget for parliamentary approval, with the budget deficit in focus. This years deficit of 8% of forecast to come down, but by how much and when is under debate.

Dmitry Medvedev gestures while speaking during a meeting with businessmen at the Kremlin in Moscow on October 21, 2009 (AFP Photo / RIA Novosti / Kremlin Pool / Dmitry Astakhov) 21.10.2009, 21:23

President and business push for accountability on state corporations

President Dmitry Medvedev met business leaders to hear feedback on the effect of anticrisis measures taken so far, and found new ideas to drive the economy after the crisis.

24.11.2009, 23:27

Privatisation to step into budget deficit as government looks to entice investor

Russia may sell up to $3.5 billion of state assets each year under its latest privatisation plan. Starting in 2010, airports, shipyards, freight shippers and an insurer will be sold to private investors.

16.12.2009, 16:34

Kudrin says Russian GDP up 8% in November

Finance Minister Alexei Kudrin says Russia is putting the worst of the recession behind it with November GDP up 8% on October and 4Q 2009 Growth set to come in at 2%.

Diversification the key to post recession economic growth

Published: 22 October, 2009, 19:41
Edited: 23 October, 2009, 11:03


With the Russian economy now emerging from the slump of the past year, focus is turning to the economic restructuring required to broaden the economic base and lay the basis for steadier economic growth.

 
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