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Dmitry Medvedev

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  • Russia wants predictable rouble rate - PM Medvedev Tuesday, 21 Apr 2015 | 6:37 AM ET

    MOSCOW, April 21- Russia wants a predictable rouble exchange rate without excess weakening or strengthening of the currency, Prime Minister Dmitry Medvedev told parliament on Tuesday. "Our currency is strengthening now, which is not bad for a number of sectors of the economy. But that also lowers our exporting capabilities to some extent, so we are interested in...

  • MOSCOW, April 21- Prime Minister Dmitry Medvedev said on Tuesday Russia was suffering significant economic problems because of international sanctions, but the situation could have been much worse and Russia was adapting. Referring to Western sanctions imposed last year because of Russia's actions in Ukraine, Medvedev told parliament: "Losses from the...

  • Russian defence industry grows despite sanctions - PM Tuesday, 21 Apr 2015 | 6:17 AM ET

    MOSCOW, April 21- Russian state defence orders topped 1.9 trillion roubles in 2014, helping the defence industry grow despite Western sanctions over the Ukraine crisis, Prime Minister Dmitry Medvedev said on Tuesday. Medvedev told the lower house of parliament that Russia had sold $15 billion worth of military equipment abroad last year- some 3.2 percent of...

  • Russian PM Medvedev says GDP fell by 2 percent in Q1 Tuesday, 21 Apr 2015 | 5:27 AM ET

    MOSCOW, April 21- Prime Minister Dmitry Medvedev said on Tuesday Russia's economy contracted by around 2 percent in the first quarter, but that the economic situation was stabilising. "In the current year negative trends are continuing in the economy. In January-March of this year GDP fell by 2 percent approximately, the volume of industrial output by 0.4...

  • Putin earns less than many in the Kremlin, documents show Wednesday, 15 Apr 2015 | 10:06 AM ET

    MOSCOW, April 15- Russian President Vladimir Putin earned about $151,000 in 2014, less than many others in the presidential administration, according to details of his income declaration published by the Kremlin on Wednesday. His earnings of 7.65 million roubles compared to about 3.6 million roubles in 2013, which was around $100,000 at the exchange rate a...

  • MOSCOW, March 31- Russia will extend gas price discounts for Ukraine into the second quarter, TASS news agency reported President Vladimir Putin as saying on Tuesday, but any further decisions would be taken in three months and depend on the price of oil. Russia's gas monopoly Gazprom on Monday asked the government to extend a price discount for gas supplies to...

  • Russia says to restructure loans to Belarus Thursday, 26 Mar 2015 | 6:39 AM ET

    MOSCOW, March 26- Russia said on Thursday it would restructure some of its loans to Belarus, whose economy has been hurt by a weaker Russian rouble. The former Soviet republic has a record $4 billion in debt payments this year, mostly to Russia and the International Monetary Fund. Belarus has also asked the International Monetary Fund for a financial package, in...

  • MOSCOW, March 26- Russia will give sanctions-hit Rosselkhozbank 10 billion roubles of additional capital as part of the country's anti-crisis plan, Prime Minister Dmitry Medvedev said on Thursday. "Our banks' access to overseas markets of liquidity is essentially closed and our task is to minimise the influence of these problems on the banking system,"...

  • MOSCOW, March 18- Russia may consider giving Ukraine a maximum discount on gas supplies of $100 per 1,000 cubic metres, Russian Prime Minister Dmitry Medvedev said on Wednesday, staking out Moscow's position before talks in Brussels. Last year, Russia and Ukraine clinched a' winter gas' deal negotiated by the European Union. Russia, the European Union and Ukraine...

  • MOSCOW, Feb 25- Russian Prime Minister Dmitry Medvedev said on Wednesday domestic farmers would be able to buy fertilisers from local producers with a discount of 20-30 percent to the export price, Interfax news agency reported.

  • MOSCOW/ KIEV, Feb 19- Russia started supplying gas to rebel-held eastern Ukraine on Thursday after Kiev had temporarily suspended deliveries because of damage to the networks from heavy fighting, which is continuing despite a ceasefire. Responding to an order from Russian Prime Minister Dmitry Medvedev to supply gas to east Ukraine as humanitarian aid, gas...

  • MOSCOW/ KIEV, Feb 19- Russia started supplying gas to rebel-held eastern Ukraine on Thursday after Kiev suspended supplies because of damage to the networks from heavy fighting, which is continuing despite a ceasefire. Responding to an order from Russian Prime Minister Dmitry Medvedev to supply gas to east Ukraine as humanitarian aid, gas company Gazprom said...

  • Tumbling oil prices and Western sanctions over Russia's role in Ukraine have pushed the rouble to record lows and fuelled price rises. "Unlike during the 2008-2009 crisis, now there is a significant decline of real disposable incomes in Russia so food budgets will most likely fall," said Ekaterina Lipatova, an analyst at Moody's Investors Service.

  • MOSCOW, Jan 22- Prime Minister Dmitry Medvedev said on Thursday a government programme to recapitalise Russia's banking system using OFZ treasury bonds should be completed by the end of the month, TASS news agency reported.

  • DAVOS, Switzerland, Jan 21- Russia may see a natural decline in oil output by around 1 million barrels per day at most but has no plans to cut production in coordination with OPEC, Deputy Prime Minister Arkady Dvorkovich said on Wednesday. Russia is the world's biggest oil producer and output hit a post-Soviet high at an average 10.58 million bpd last year, but...

  • *Budget faces $46 billion shortfall at $50 oil price. MOSCOW, Jan 15- President Vladimir Putin's insistence on huge defense spending makes it hard to see how a government plan to make deep budget cuts will see Russia through a deepening economic crisis. Finance Minister Anton Siluanov called on Wednesday for a 10 percent cut in planned expenditures, warning that...

  • Putin's defence fixation deepens Russian budget problems Thursday, 15 Jan 2015 | 12:25 PM ET

    *Budget faces $46 billion shortfall at $50 oil price. MOSCOW, Jan 15- President Vladimir Putin's insistence on huge defence spending makes it hard to see how a government plan to make deep budget cuts will see Russia through a deepening economic crisis. Finance Minister Anton Siluanov called on Wednesday for a 10 percent cut in planned expenditures, warning that...

  • MOSCOW, Jan 14- Russia may adjust its budget rule- the level of government spending linked to oil prices- to reflect falling oil prices, Prime Minister Dmitry Medvedev told a forum on Wednesday. Global oil prices touched their lowest in nearly six years, trading at around $46 per barrel or less than half the level needed to balance the 2015 Russian budget.

  • *Russia faces economic instability and international isolation. MOSCOW, Dec 31- When Vladimir Putin was handed power unexpectedly by an ailing Boris Yeltsin on the last day of the last century, his first move was to go on television to guarantee Russia the freedoms needed for a "civilized society." Fifteen years later, his critics accuse the former KGB spy of...

  • The order was signed on Dec. 27, and the funds will be transferred from the National Wealth Fund as a part of wider plans to support Russia's banking sector, which is suffering from Western sanctions imposed on Moscow over its role in the Ukraine crisis.