crisis

Russia Not Ready For New Economic Crisis – HSE report

13:58 25/05/2012 MOSCOW, May 25 (RIA Novosti)

Russia’s dependence on commodities has grown since the 2008 crisis, making it vulnerable in the face of the potential global downturn, a report issued by the Development Center of the Russian National Research University – Higher School of Economics (HSE) said.

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Merkel ‘Did Propose’ Eurozone Membership Referendum
00:49 19/05/2012
Officials in the Greek presidential administration say a report about German Chancellor Angela Merkel's proposal that Greece hold a referendum on its membership in the Eurozone is true
German Govt. Spokeswoman Denies Merkel Referendum Statement
22:44 18/05/2012
A spokeswoman for the German government on Friday denied reports that German Chancellor Angela Merkel proposed Greece hold a referendum on its membership in the Eurozone.
Merkel Proposes Greece Hold Eurozone Membership Referendum
22:17 18/05/2012
German Chancellor Angela Merkel on Friday suggested in a telephone conversation with Greek President Karolos Papoulias to hold a referendum on the country's membership in the Eurozone during parliamentary elections on June 17, Greek government spokesman Dimitris Tsiodras said.
Merkel Proposes Greece Hold Referendum on Eurozone Membership
21:40 18/05/2012
German Chancellor Angela Merkel on Friday suggested in a telephone conversation to Greek President Karolos Papoulias to hold a referendum on the country's membership in the Eurozone during parliamentary elections on June 17, Greek government spokesman Dimitris Tsiodras, said.1
Russian Stocks Continue Fall on Greek Tragedy
11:48 18/05/2012
Russian stocks continue falling on Friday, hitting fresh lows as investors deserted emerging markets amid political uncertainty in Greece and the European debt crisis.
U.S., EU Use Disproportionate Force on Protesters - Moscow
17:02 17/05/2012
The Russian Foreign Ministry has accused the U.S. and several European Union countries of using disproportionate force to disperse peaceful demonstrations.
Russian Stocks Hit Fresh Lows
15:16 17/05/2012
Russian stocks hit fresh lows in Thursday afternoon trading as political uncertainty in Greece and Europe’s lingering debt crisis prompted investors to dump riskier assets.
Greek Turmoil Drives Global Stocks Down
11:57 16/05/2012
The near certainty of a Greek departure from the eurozone, and doubt about what could happen in the aftermath of this, has seen global stocks take a further battering on Wednesday.
MICEX Plummets to Five-Month Low
17:58 14/05/2012
Russian stocks plunged on Monday, reaching their lowest levels since December 2011 as investors took flight over Greece’s political deadlock and Europe’s mounting debt crisis, and also by the Saudi oil minister’s statement of global oil oversupply.
Greek President May Set to Announce New Parliament Vote
02:53 13/05/2012
President of Greece Karolos Papoulias will open consultations with leaders of Greek political parties on Sunday to convince them in a final try to form a coalition government
Europe Debt Crisis Likely - Kudrin
23:41 11/04/2012
Russian ex-finance minister Alexei Kudrin said on Wednesday he believes a serious debt crisis is likely in Europe.4
IMF Allocates $28 bln to Greece
21:17 15/03/2012
The International Monetary Fund (IMF) will allocate 28 billion euro (about $36.7 billion) to support Greece’s economic program over the next four years, the IMF said on Thursday.
Moody’s Considers Greece Defaulted, Ratings Remain at C
03:33 10/03/2012
Moody's Investors Service said on Saturday it considers Greece to have defaulted per Moody's default definitions.
Investors Approve Greek Debt Restructuring Deal
12:05 09/03/2012
Greece’s private investors agreed on Friday to swap their government bonds for new securities that are worth 83.5 percent of the country’s sovereign debt in a deal that help the country stay afloat and avoid default on its massive debt, Greek Finance Ministry said.
Europe’s Financial Pill Won’t Cure Greece
10:38 22/02/2012
On February 21 eurozone finance ministers agreed to a second bailout for Greece – it has received a 53.5% reduction of its debt to private banks and will get up to 130 billion euros from the International Monetary Fund.
EU Bailout Unlikely to Save Greece – Nobel Laureate Krugman
18:32 21/02/2012
The EU austerity plan for Greece will not rescue the country from default, Paul Krugman, Princeton University professor and winner of the 2008 Nobel Prize in economics, said in his blog in The New York Times on Tuesday.
Russian Stocks Shrug Off Greek Bailout Deal
13:47 21/02/2012
Russian stocks ignored a second 130-billion euro deal sealed by eurozone countries and the International Monetary Fund for debt-laden Greece, demonstrating a downside movement in MICEX-RTS trade on Tuesday.
Greek Conservative Leader Gives Reform Assurances in Bailout Deal
17:13 15/02/2012
Greek conservative party leader Antonis Samaras has sent a letter to the European Union and the IMF with assurances of implementing new austerity measures, the local TV channels reported on Wednesday.
Asia Stocks Close Higher on China Pledge, Greece
13:40 15/02/2012
Key Asia-Pacific stock market indices closed higher on Wednesday amid investor optimism that the Greek bailout deal was close at hand and on China’s pledge to invest in Europe’s bailout funds and boost its euro asset holdings, market data suggested.

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USD	26/05	31.7572	+0.1325
EUR	26/05	39.8426	+0.0745

RTS	25/05	1272.38	-0.02%
MICEX	09/09	1518.22	-2.46%

Stories

Images: Swedish Euphoria and Udmurtian Fervor: 2012 Eurovision Song Contest Winners

Video: Restorers Clean “Bronze Horseman” in St. Petersburg

Infographics: French Open

Cartoons: Tedious stability

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