Friday, June 20, 2025
Moscow's budget lost more than 600 billion rubles in 2020 due to the coronavirus pandemic, said Vladimir Efimov, Deputy Mayor of Moscow for Economic Policy and Property and Land Relations. “We had a dilemma related to the fact that last year, associated with COVID restrictions, cost the Moscow budget more...
Scammers decided to engage in a new topic - the record high gas price in the EU, which has been established since the end of winter. On the Internet, fraudulent sites are widely advertised on Google and YouTube, offering Russians to become Gazprom's suppliers and sell gas abroad with...
According to a source in the delegation of Indian Petroleum and Natural Gas Minister Hardeep Singh Puri, the Indian consortium of ONGC and Petronet LNG is contemplating purchasing a 9.9 percent share in the Arctic LNG-2 gas liquefaction project, Vedomosti writes. This topic was discussed during his visit to...
According to a source in the company's press office, NovaWind, a subsidiary of Rosatom dedicated to wind energy, is contemplating the building of wind power plants (WPP) in all areas of Russia where feasible, TASS reports. "The current program for power supply agreements  has already been planned, whereas for the...
Dmitry Peskov, the country's press secretary, told reporters at a briefing that Russia is not ready to accept bitcoin as an official currency, Vedomosti writes. “It is clear that Russia is not prepared for such measures, and there is no compelling need to take such steps at this time.” Nonetheless,...
FORGO has produced a study on the 2021 gubernatorial elections, led by Konstantin Kostin, ex-head of the president's domestic policy department and main consultant to United Russia (ER) in the current elections. Experts do not anticipate or forecast that campaigns will be conducted in accordance with the referendum scenario...
The issuance of unsecured consumer loans updated the record once again - in August, people took out 647 billion rubles (8,84 billion $) in cash loans, Vedomosti writes. This is 23.1 billion rubles more than in April, when the previous record was established, and 7% more than in July. The...
Russian Deputy Prime Minister Victoria Abramchenko instructed ministries and departments to submit to the government proposals to reduce the cost of carriage of vegetables by September 27, according to the list of instructions on the government's website. In addition, ministries and departments should help increase the supply of "borsch set"...
Sberbank, the largest bank in Russia, and Internet holding Mail.ru are facing difficulties in operating the joint venture due to conflicts of interest. The two companies compete in some areas but do not plan to split the assets of the joint venture, the British edition of the Financial Times reported,...
In the period of post-crisis development, it is necessary to reduce state participation, the head of the Accounts Chamber Alexei Kudrin told the magazine "Company" in an interview. "The public sector can play an important and positive role at times, but it is time for it to start shrinking," Kudrin...