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Dmitry Medvedev

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  • 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.

  • UPDATE 1-Russia may fail to supply wheat to Egypt in Jan Wednesday, 24 Dec 2014 | 4:49 AM ET

    MOSCOW, Dec 24- Russia may fail to supply wheat to Egypt's state buyer GASC in January as its exports have been effectively suspended by informal government curbs, Arkady Zlochevsky, the head of Russia's Grain Union, said on Wednesday. Russia's government imposed informal curbs with tougher quality monitoring and limits on railroad loadings earlier this...

  • Russia may fail to supply wheat to Egypt's GASC in Jan Wednesday, 24 Dec 2014 | 3:50 AM ET

    MOSCOW, Dec 24- Russia may fail to supply wheat to Egypt's GASC, the state buyer of the world's largest wheat importer, in January due to export curbs, Russia's Grain Union head Arkady Zlochevsky told reporters on Wednesday. Russia, expected to be the world's fourth-largest exporter this year with the largest buyers in Turkey and Egypt, had been exporting record...

  • *Rouble at its strongest against dollar since Dec. 8. MOSCOW, Dec 23- The Russian rouble rose to a two-week high on Tuesday after the government and the central bank put pressure on large state-owned exporters to sell dollars to stop further steep losses for the local currency. Kommersant newspaper said, citing unnamed sources, that Russian Prime Minister Dmitry...

  • *Kudrin: Russia didn't tackle problems fast enough. *Russia to be downgraded to' junk' status next year. MOSCOW, Dec 22- Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy.

  • *Kudrin: Russia to be downgraded to' junk' status next year. MOSCOW, Dec 22- Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, warning the full effects would be felt next year. Kudrin-- a darling of investors who is credited with building Russia's...

  • MOSCOW/ LONDON, Dec 19- Russia pays hugely inflated prices for vital medical equipment made by Western companies, in part because some manufacturers channel sales through obscure intermediary companies, a Reuters examination has found. An analysis of 20,000 transactions dated between January 2006 and July 2013 found that international companies sold...