Russian Economy Bulletin Vol.8 29.11.2008

Russia's monetary base (in the narrow sense of the term) decreased by RUB 132.6bn (approx. USD 4.74bn) to just shy of RUB 4.229 trillion (approx. USD 151.25bn) as of December 1, 2008 from a week earlier, the Bank of Russi...


Russian Economy Bulletin Vol.7 22.11.2008

Speaking at the 10th congress of the United Russia political party, Russian Prime Minister Vladimir Putin announced that profit tax would be decreased by 4 percentage point from January 1, 2009.
At the same time, he indicated that b...


NEWS 19.11.2008

RosEvroBank demonstrates strong liquidity, good financial position and attracts two subordinated loans                      ...


NEWS 19.11.2008

Moody's Investors Service to confirm credit ratings of RosEvroBank                             ...


Russian Economy Bulletin Vol. 6 15.11.2008

In a move to stem capital flight and check inflation, the Bank of Russia hiked the discount rate from 11 to 12 percent beginning November 12, 2008. Similarly, interest rates on operations by the Central Bank were also raised, with the ra...


Russian Economy Bulletin Vol. 5 10.11.2008

The Bank for Development and Foreign Economic Affairs (Vnesheconombank) intends to invest some RUB 5bn (approx. USD 185m) in Russian stocks on a daily basis in order to support the financial market, the state corporation's chief Vla...


Russian Economy Bulletin Vol.4 01.11.2008

The Federation Council has approved amendments to the law on Russia's federal budget for 2008-2010. The amendments stipulate that the Russian government will be entitled to make a property deposit of RUB 200bn (approx. USD 7.39bn) i...


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