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breakingnews
19.03.2009, 10:36
Russia’s revised budget for 2009, which the Duma is expected to adopt on Thursday, delivers higher spending but falls into deficit.
18.03.2009, 21:50
The EU commission has excluded the Nabucco pipeline from its list of priority projects. The change in mood by the European Union may speed up the construction of South and Nord stream pipelines.
18.03.2009, 16:20
Wimm-Bill-Dann, a leading Russian producer of dairy foods, baby foods, and non alcoholic drinks, has posted a FY 2008 Net profit of $101.7 million under U.S. GAAP.
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: 20 March, 2009, 12:29
Finance Minister Aleksey Kudrin says strategic companies could be allowed to go bankrupt. Some experts see nationalisation as preferable for the heavily indebted while others see bankruptcy as better.
