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breakingnews
20.03.2009, 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.
20.03.2009, 12:11
Russia’s government has received the latest draft of the revised 2009 budget, proposing a budget deficit of 7.4%, with keeping demand up a key issue.
20.03.2009, 05:50
Russia will most probably have to deal with a budget deficit for years to come, Prime Minister Vladimir Putin warned on Thursday.
12.06.2010, 10:51
3 comments
Higher than expected oil prices have allowed Russia to cover this year's budget deficit, while boosting social spending. That's while neighbouring countries are doing the opposite.
11.08.2009, 20:17
2 comments
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.
14.04.2009, 16:34
Tuesday’s meeting of Senior Finance Ministry officials reviewed results of 2008 and plans for the coming years, with anti crisis measures in focus.
15.04.2009, 00:34
The U.S. budget deficit is raising concerns among creditors, with Russian Finance Minister, Aleksey Kudrin, expecting the recession to last 18 months with no progress on cutting the budget deficit for at least 3 years.
26.03.2009, 17:23
Amidst calls for a move away from the use of the U.S. dollar as an international reserve currency RT spoke with Elina Ribakova, Chief Economist at Citibank for her thoughts, and also the outlook for the Russian budget.
06.04.2009, 15:41
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.
15.04.2009, 10:53
With the number of Russian jobless hitting 2.2 million people, experts say the money being allocated to fight unemployment may not solve the problem and that Russia’s job market needs a total reshuffle.
Published: 20 March, 2009, 16:38
The announcement by the U.S. Federal reserve that it will spend up to $300 Billion buying U.S. treasuries will take a lot of pressure off the Russian Rouble, and possibly the Russian budget.
