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31.10.2009, 15:57

Russian car owners look to cash in their clunkers

Russia is about to launch the cash-for-clunkers program targeted at boosting domestic car sales. But experts say the scale of the project is too small, and the country’s car-recycling infrastructure is far from ready.

02.11.2009, 09:50 2 comments

New antimonopoly rules to put transgressors behind bars

On Friday, the law on criminal liability for abusing antimonopoly rules also came into force, with energy majors under the pump for their pricing policies according to the Federal Antimonopoly Service.

Gas-compressor station in the Izmail region, Urkaine (AFP Photo / Sergei Supinsky) 30.10.2009, 17:47

Ukraine gas payment issues political not financial: Putin

Russian Prime Minister, Vladimir Putin, says Ukraine is likely, once again, to have problems paying for its gas supply, but that these stem from domestic Ukrainian politics rather than lack of finances.

08.10.2009, 22:58 2 comments

Privatisation prices and benefits come under question

Russia is launching a new privatisation drive, putting around 450 companies up for sale next year. That has some questioning where the buyers will come from and if prices will be bargain basement.

Photo by Alexey Novikov 03.08.2010, 09:25 2 comments

Real estate prices rise as supply shortage looms

Russian real estate prices are on the rebound, with the construction halt at the height of the downturn likely to push apartment prices higher as demand grows.

27.04.2009, 21:46 1 comment

Stimulus too strong as inflation becomes 'embarrassing'

Russia’s economic stimulus is the biggest in the world, according to the International Monetary Fund. But experts say the Government’s generosity is boosting the country’s double digit inflation.

12.01.2010, 17:44 1 comment

Russian cash for clunkers launches in March

The government will launch the cash-for-clunkers program, targeted at boosting car sales, on the 8th of March, following a decision made the Monday's government meeting.

14.01.2010, 12:27 1 comment

Metrocards come into vogue as Banks look to push credit

Russian banks are beefing up their attempts to promote credit card usage, by combining them with metro tickets, with Alfa - Bank this week joining the push.

Illustration by Christopher Zacharow 16.04.2009, 10:06

Business awaits new tax proposals from government

Russia won’t increase company tax in the next three years despite its budget deficit. Companies have called for tax cuts. But even the possibility of lower VAT in two years looks vague.

19.03.2009, 10:36

Revised budget goes into deficit

Russia’s revised budget for 2009, which the Duma is expected to adopt on Thursday, delivers higher spending but falls into deficit.

Mooted Russian gold sales in support of local companies and budget

Published: 31 October, 2009, 17:24


The Russian government this week announced it was thinking of selling 25 tons of gold from its reserves. But while prices for bullion are at record highs, is it the right time to be selling?

 
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