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Vladimir Putin

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  • Russia hasn't suffered a deep crisis: Putin Friday, 19 Jun 2015 | 7:00 AM ET
    Russia hasn't suffered a deep crisis: Putin

    President Vladimir Putin says Russia hasn't suffered the deep crisis that many had predicted would plague the country.

  • ST. PETERSBURG, Russia— Russian President Vladimir Putin said after Friday's talks with Greek Prime Minister Alexis Tsipras that a prospective Russian natural gas pipeline should help Greece service its debt, but the Kremlin said the question of direct Russian financial aid to Greece was not discussed. "If EU wants Greece to pay its debts it should be...

  • ATHENS, June 19- Greeks pulled more than 1 billion euros out of their banks in a single day, banking sources said on Friday, as the country edged closer to the brink of default despite upbeat remarks from Prime Minister Alexis Tsipras. With less than two weeks left before Greece will default on an IMF loan unless the government reaches a deal with creditors,...

  • Final acts in Greek drama may be rough for markets Thursday, 18 Jun 2015 | 7:28 PM ET
    A man wears a Greek flag during a pro-government rally calling on Greece's European and International Monetary creditors to soften their stance in the cash-for-reforms talks in Athens, Greece, June 17, 2015.

    Markets may take the tensions around Greece's debt talks more seriously Friday, ahead of a weekend that may end with the country in an even more perilous state.

  • ATHENS/ LUXEMBOURG, June 18- Euro zone leaders will hold an emergency summit on Monday to try to avert a Greek default after bank withdrawals accelerated and government revenue slumped as Athens and its international creditors remain deadlocked over a debt deal. Finance ministers of the 19- nation currency bloc failed to make any breakthrough on a...

  • Business events scheduled for Friday Thursday, 18 Jun 2015 | 1:23 PM ET

    Major business and economic events scheduled for Friday:. WASHINGTON— State Unemployment for May, 10 a.m. Eastern. ST. PETERSBURG, Russia— President Vladimir Putin speaks at Russia's main annual business forum with concerns high over the recession-hit Russian economy.

  • ST. PETERSBURG, Russia— Vladimir Putin's long-time ally suggested Thursday that the Russian president could order an early vote to win a mandate for much-needed economic reforms, comments that sent shock waves through Russia's business and political elite. Russia's economy, hit by Western sanctions and its own dependence on oil prices, has entered a...

  • ATHENS/ LUXEMBOURG, June 18- Bank withdrawals accelerated and government revenue slumped as Greece defied its international creditors on Thursday, escalating a debt crisis that may reach a climax at a European Union summit next week. The IMF meanwhile dashed any hope that Greece could avert default if it fails to repay a 1.6 billion euro loan by the end of June,...

  • ST PETERSBURG, Russia, June 18- A former finance minister proposed on Thursday bringing forward the next presidential election to give his ally, Vladimir Putin, a stronger mandate to reform the economy and guide Russia through a financial "storm." Russia is sliding into recession, with economic sanctions imposed by the West over Moscow's role in the Ukraine...

  • MOSCOW— The Russian government on Thursday strongly condemned the freezing of Russian accounts in France and Belgium as part of an effort to enforce a $50 billion judgment for the destruction of the Yukos oil company. The Foreign Ministry on Thursday summoned Belgium's ambassador and warned that Moscow would consider taking similar action against Belgian...

  • *Russia says no request for money from Greece. LUXEMBOURG/ ATHENS, June 18- The IMF dashed any hope on Thursday that Greece could avert default if it fails to repay a 1.6 billion loan by the end of June, piling pressure on leftist Prime Minister Alexis Tsipras, who showed no sign of yielding to creditors' demands. Euro zone finance ministers descended on Luxembourg for...

  • *Russia says only international effort can help Greece. ST PETERSBURG, Russia, June 18- Greece has not asked Russia's finance ministry for financial assistance and its prime minister is visiting Russia to discuss joint projects, not to seek cash, Russian Deputy Finance Minister Sergei Storchak said on Thursday. Storchak said Russia was interested in Greece...

  • MOSCOW, June 18- Russian President Vladimir Putin said on Thursday the country should consider additional instruments to support the banking sector for the sake of small and medium businesses, Interfax reported.

  • ST PETERSBURG, Russia, June 18- President Vladimir Putin on Thursday called for Russia not to waste its gold and foreign exchange reserves, saying they were "a safety cushion" which could help preserve political stability in the country.

  • *Pro-euro rally planned in Athens. BERLIN/ ATHENS, June 18- German Chancellor Angela Merkel said on Thursday a deal between Greece and its creditors was still possible if Athens showed the necessary will, amid mounting pessimism that the austerity-hit country might crash out of the euro zone. Neither side has shown any sign of yielding, with creditors insisting...

  • International Economic Forum kicks off Thursday, 18 Jun 2015 | 6:15 AM ET
    International Economic Forum kicks off

    Business leaders and policymakers are meeting in St. Petersburg for the International Economic Forum (SPIEF), reports CNBC's Geoff Cutmore.

  • While his government is locked in those talks, Greek Prime Minister Alexis Tsipras is traveling to Russia, his second visit since April, to meet President Vladimir Putin. Asked by The Associated Press whether Russia is going to offer Greece money, Deputy Prime Minister Arkady Dvorkovich said he "cannot comment on specific decisions." Speaking on the sidelines of...

  • Greece is in talks about what reforms it must make to get more loans. "There is no question that Greece needs to make adjustments," he said. Amid concerns that Greece could fall out of the euro, at least 6,000 people have gathered outside Parliament in central Athens in a peaceful demonstration backing the country's membership in the currency zone and the European...

  • *First well drilled with help of ExxonMobil. Sources told Reuters last week that the state oil producer would be forced to postpone drilling a second well in the Kara for at least two more years, a result of Western sanctions on Russia over the Ukraine crisis. Rosneft, the world's top listed oil firm by output, drilled a first exploration well known as...

  • AIRSHOW-Russia's Superjet sees new, bigger plane by 2020 Wednesday, 17 Jun 2015 | 11:46 AM ET

    PARIS, June 17- Superjet International, an aircraft made by Russia's Sukhoi Civil Aircraft Company and Finmeccanica unit Alenia Aermacchi, could be operating a new, stretched version of its SSJ100 regional jet by 2020, an executive told Reuters. The larger jet being considered by Superjet, which competes with regional planes made by Brazil's Embraer and...