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31.03.2009, 09:53

Russian agriculture looks for more state support

Russia's farming has seen a decade of strong growth, despite subsidy levels that are far below most Eastern European competitors. Now the agricultural sector is hoping for greater state support.

30.03.2009, 17:54

World Bank says Russian GDP to shrink 4.5% this year

The World Bank's latest report says Russia's GDP will shrink more than expected over the coming year, with the focus to turn to smaller businesses, as VTB24 signs a deal with the EBRD to boost small business lending.

30.03.2009, 14:34

Surgutneftegas buys 21.2% stake in MOL from OMV

Russian oil producer Surgutneftegas has purchased a 21.2% stake in Hungarian refiner Mol Nyrt from Austria’s OMV for 1.4 Billion Euro.

19.06.2009, 18:51 1 comment

EU Commission warns of worst “within weeks” as EU looks to help fund Ukraine gas

The European Union is preparing to organise a loan to help Ukraine meet its gas bills. Head of the EU Commission, Jose Manuel Barroso, says the EU cannot "sleepwalk" into another gas crisis between Russia and Ukraine.

24.06.2010, 13:15

Gazprom pays Belarus $228 million transit debt

Gazprom says it has paid $228 million it says is owed to Beltranzgas, and resumed gas deliveries to Belarus. But Belarus says it is owed more.

01.06.2009, 22:02 6 comments

IMF predicts sharp contraction as private funds desert Russia

The international monetary fund has issued a new forecast for the Russian economy for this year. It's predicting a sharp contraction, but there's some good news amongst the grim statistics.

Russian Federation, Moscow : Russian Prime Minister Vladimir Putin delivers a speech at an investment forum in Moscow on September 29, 2009. (AFP Photo / Natalia Kolesnikova) 29.09.2009, 20:04 5 comments

Leaders commit to market with state control set to go beyond 50%

Russia is preparing for a new wave of privatization according to Prime Minister Vladimir Putin. The move could help not only improve Russia’s budget outlook, but also its image.

22.01.2010, 17:03 2 comments

Fitch ups Russian credit outlook as PwC looks to bigger long term

A sharp rebound in commodity prices has seen Fitch Ratings move Russia’s credit rating from negative to stable, as PwC says Russia could become the largest European economy in two decades.

11.05.2010, 13:59 4 comments

European bail out: What it means

Business RT spoke with Chris Weafer, Chief Strategist at Uralsib about the decision by Eurozone nations to agree to a €750 billion bailout mechanism to protect the European currency.

19.05.2010, 11:44 4 comments

Russia looking to avoid worst of economic downturn

A volatile Eurozone sees Russia with almost no exposure to national debt, but with markets pricing in a wider contagion, Russia would be affected by a return to recession.

Russian and German leaders meet ahead of G20 on finances and gas transit

Published: 31 March, 2009, 17:44


Angela Merkel and Dimitry Medvedev (AFP Photo / John Macdougall)

President Dmitry Medvedev will meet his counterpart Angela Merkel in Berlin on Tuesday ahead of this week’s G20 summit in London, with global financial reform and gas transit high on the agenda.

 
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