The European Union’s move to extend sanctions on Crimea highlights the hypocrisy of EU officials because many European investors are active in the region, said Russian State Duma (the lower house of parliament) member Andrei Kozenko, who represents Crimea, TASS reported.
On Wednesday, the 27 countries of the European Union...
The national plan of Russian economy restoration outlines new measures of support to the tune of 430 billion rubles ($6.2 bln), including 133 bln rubles ($1.9 bln) in 2020 and 300 bln rubles ($4.4 bln) in 2021, Head of the Russian Accounts Chamber Alexei Kudrin said in an interview...
The Kremlin is hoping that the new anti-Russian sanctions proposed by the Republicans in the US House of Representatives will not be imposed. Moreover, such impulses do not improve bilateral relations, Kremlin Spokesman Dmitry Peskov is certain, TASS reports.
"Of course, we can only regret that these new impulses are...
Russia’s Investigative Committee said on Thursday it was investigating the head of the remote Arctic city of Norilsk for suspected criminal negligence over his handling of a major oil spill in the region, Reuters reported.
In a statement, investigators said the official, Rinat Akhmetchin, had failed to take appropriate measures...
Russia’s oil pipeline monopoly Transneft reported on Thursday a 13% increase in first-quarter net earnings year on year to 56.7 billion roubles ($822 million) due to higher sales. Transneft’s revenues in January-March edged up 1.3% to 263.3 billion roubles, Reuters reports.
The company also said it had paid 4.9...
The Kremlin denied on Thursday there was anything untoward with Russia’s official coronavirus death data after the World Health Organisation said this week that Russia’s low death rate was “difficult to understand”, Reuters reports.
Russia has reported more than half a million cases of the new coronavirus, the third largest...
Moscow authorities are hoping that the city’s economy by July may return to levels prior to the introduction of restrictions due to coronavirus, said deputy Moscow mayor Vladimir Efimov in an interview on Rossiya-24 television channel on Tuesday, TASS writes.
"I think that by July we should reach the values...
Raiffeisenbank topped the list of the most convenient banks, according to a list comprised by Forbes.
The top three of Russian part of the list also includes Moscow Kredit Bank and Alfa Bank as the second and third most popular credit institutions, TASS writes.
Other banks that entered the list are Tinkoff...
The Orion fishing company, working in the Yamalo-Nenets Region, plans to export tinned fish to the CIS countries - Belarus, Kazakhstan and Azerbaijan, the company’s Director Oleg Mameyev told TASS on Tuesday.
"All formalities are under way, the certifying may take much time," he said. "Hopefully, everything will be ready...
The implementation of large-scale infrastructure projects under the national economic recovery plan of Russia can be hindered by the negative development of the world coronavirus situation and the excessive bureaucracy in the construction industry, according to experts polled by the Future of Russia - a National Projects portal operated...
