| December 2009 |
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Russian gas monopoly Gazprom and Italy's energy giant Eni signed on Thursday a memo of understanding to include France's EDF into the South Stream gas pipeline project.
The proceeds from the sale of assets of the now defunct oil company Yukos were spent on establishing a fund for housing and utilities sector reforms, Prime Minister Vladimir Putin said on Thursday.
The Russian government is ready to provide extra support to the ailing car giant AvtoVAZ if its restructuring proves to be effective, Prime Minister Vladimir Putin said on Thursday.
Vladimir Putin said the Cold War-era Jackson-Vanik Amendment that restricts U.S. trade with Russia was an "anachronism" hindering Russia's World Trade Organization accession bid.
Russia exported over 5.3 million carats of rough diamonds worth $540.9 million in July-September 2009, the Finance Ministry said on Thursday.
The official dollar rate set by the Russian Central Bank for December 4 is 29,2427 rubles, up 18.67 kopeks, the Central Bank said on Thursday.
Russian Prime Minister Vladimir Putin said on Thursday he was very confident that the peak of the economic crisis was now over
Russia's gold and foreign currency reserves increased by $5.9 billion, to $449.7 billion, in the week of November 20 - November 27, the Central Bank of Russia said Thursday.
Sales of alcohol fell by 15% in Russia in the first nine months of 2009 compared to the same period last year.