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Dollar up 94 kopeks, euro up 1.23 rubles - Central Bank

Dollar up 94 kopeks, euro up 1.23 rubles - Central Bank

13:44 12/08/2009

The official dollar rate set by the Russian Central Bank for August 13 is 32.6926 rubles, up 94 kopeks, the Central Bank said on Wednesday.

Russia's budget deficit hits 4.3% of GDP in 7M09
12:00 12/08/2009
Russia's budget deficit totaled an estimated 923.82 billion rubles ($28.9 billion) or 4.3% of the country's GDP in January-July 2009, the Finance Ministry said on Wednesday.
Moscow power firm Mosenergo posts 350% net profit rise in 1H09
11:05 12/08/2009
Moscow's electric producer Mosenergo said on Wednesday its net profit calculated to Russian Accounting Standards grew 350%, year-on-year, in January-June 2009 to 6.38 billion rubles ($198 million).

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Vladimir Putin

Putin Sets Out Blueprint for Russian Business

Prime Minister Vladimir Putin set out his agenda for the future of Russian business on Thursday at a meeting with entrepreneurs, promising less regulation and taxes and asking business to help plan its future.

Greece Agrees to Fresh Austerity Measures

Greece Agrees to Fresh Austerity Measures

Greek political leaders have finally struck a deal on new austerity measures demanded by creditors to secure a 130-billion euro bailout to avoid default and keep the country afloat, local media reported on Thursday.

The State Duma will invite political parties that have no parliamentary representation to discuss reform of the country’s political system

Duma Calls in Unofficial Parties for Reform Debate Feb 28

The State Duma will invite political parties that have no parliamentary representation to discuss reform of the country’s political system on February 28, Oleg Morozov, deputy speaker of the lower house of parliament, said on Thursday.

Mikhail Gorbachev

Gorbachev May Join Protest Group

Ex-Soviet President Mikhail Gorbachev is welcome to join but not head the grassroots protest group League of Voters, the organization’s founders said.

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