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breakingnews
29.01.2010, 11:42
2 comments
Russia's leading bankers have been using the World Economic Forum in Davos to push for the privatization of their companies, with the heads of Sberbank and VTB being the most notable.
28.01.2010, 18:15
2 comments
Though the Russian government is beginning to see some of its anti crisis funds be repaid, questions are being asked about how well the bailout money was spent.
28.01.2010, 14:30
After a nearly month-long dispute, Russia and Belarus have finally come to an agreement on oil deliveries.
22.10.2010, 19:17
4 comments
The privatization agenda outlined by First deputy Prime Minister Igor Shuvalov, will seek to both shore up the government’s budget gap, and bring about major change in the Russian corporate market.
06.09.2010, 11:18
4 comments
Europe’s move to phase out 60 watt light bulbs next year after banning 75 watt bulbs last week is also the future direction for Russia, as energy efficiency starts to take on a day to day meaning.
09.04.2010, 21:30
2 comments
It’s a month since cash for clunkers programme was launched in Russia and strong demand has already taken 85% of the planned supply of new Lada cars.
22.07.2010, 13:35
2 comments
Russia’s Finance Ministry will raise the gas extraction tax almost 61% already in 2011, with other natural resources also facing an increased tax burden as the government looks to rein in the budget deficit.
05.02.2010, 19:50
1 comment
Russia’s government says it has been generous to big businesses. Now it wants help and its contributions to be returned, with innovation projects in focus.
29.06.2010, 17:10
1 comment
Russian President Dmitry Medvedev has unveiled the country's three-year budget plan for the next 3 years.
09.07.2010, 12:02
1 comment
Russian finance minister, Alexey Kudrin, has proposed increasing the retirement age for Russians, with experts agreeing the problem should be urgently addressed.
Published: 29 January, 2010, 16:53
Edited: 29 January, 2010, 19:53
On Friday, amendments to the Tax Code boosting the price of some governmental services two or even fourfold become effective, brining an estimated additional 30 billion Roubles, or about $1 billion, to Russia's budget.
I'll try to put this to good use immeidatley.
No kidding it isn't a good idea to increase fees! If they have problems with the budget it is their own fault for not finalizing it in time and acting. As always the government will lay the responsibility of their own actions on the people. Add that to the prices of public transport, utilities, food, and various other things increasing by 30 to 50% and there is a real source of anger. Many people are only paying for utilities and have no source of income for food. Then you claim to want and fight alcoholism, crime, and Caucus Criminals... The front line warriors to all these problems are economists! Having a strong middle class solves majority of problems. Corruption would solve another lot. However, there is no common sense in government. Expect public non payers on services then extra expenses on paying for people to catch them. You'll waste more money they you wanted to make. That's guaranteed. Just put a target on yourself for the future protests...