Putin Greenlights Government’s Purchase of Sberbank Shares
Russian President Vladimir Putin has signed the law on the acquisition of 52.3% of ordinary shares in the country’s largest...
Economy
Coronavirus Opens up Cracks in Russia’s ‘Economic Fortress’: Analysis
In less than two days, the Russian government has kicked its response to the coronavirus outbreak into overdrive, shutting down...
Putin Says 70% of Russians Belong to Middle Class
More than 70% of Russia’s citizens, according to the World Bank’s system of estimation, belong to the middle class, and...
Russia’s Economy Faces Tough Times, Finance Minister Siluanov Admits
The situation in the Russian economy is currently not developing in the best way, with a significant deviation from macroeconomic...
St Petersburg Authorities Know Nothing about Nissan Quitting Russia
The authorities of St. Petersburg did not receive any notification from Japanese carmaker Nissan about the carmaker’s intention to leave...
Sberbank Boss Calls for Legalization of Online Alcohol Sales
The head of Russia’s biggest bank, German Gref, has called on the country’s government to legalize online alcohol sales to...