<a href=/RCL/BAN/009/?lnk=yes target=_blank><img src=/RCL/BAN/009/141014_1.gif width=1050 height=60 border=0></a>
Subscription and demo access

About Interfax
Press Releases
Products & Services
Contact Us
Customer Login


11/26 15:26   CBR reserves right to set ratings date if ratings fall sharply - representative
11/26 15:26   Gyro needs to be replaced on Briz-M upper stage to launch European satellite Astra-2G - source
11/26 15:25   Gyro needs to be replaced on Briz-M upper stage to launch European satellite Astra-2G - source
11/26 15:24   S&P lowers ENRC's long-term credit rating to "B-" with negative outlook (Part 2)
11/26 15:23   Kyiv doesn't find situation in Mariupol area threatening
11/26 15:23   Akkuyu nuclear plant environmental impact report submitted to Turkish authorities
11/26 15:21   Kyiv doesn't find situation in Mariupol area threatening
11/26 15:20   Sberbank sees IFRS net profit fall 8.2% in 9M to 241.3 bln rubles (Part 2)
11/26 15:18   Alrosa selling less diamonds in Russia
11/26 15:17   Russian Defense Ministry continues Fukushima NPP monitoring


Interfax.com  |  Interfax news  |  Putin to hold conference on Russian economic...

News headlines

April 22, 2013 11:48

Putin to hold conference on Russian economic development prospects in Sochi (Part 2)

MOSCOW. April 22 (Interfax) - President Vladimir Putin will hold a conference in Sochi on Monday involving the prime minister, the economic sector of the Cabinet, members of the Kremlin administration and experts to discuss the prospects of the Russian economy given fundamental negative trends on the world market.

Prime Minister Dmitry Medvedev suggested holding such a conference during his meeting with Putin in the Kremlin last Monday. He said he instructed Cabinet members "to involve experts to prepare proposals related to how we are to resist this international trend and to try to give additional impulses to the development of the Russian economy."

Putin in turn suggested inviting "experts to listen to different points of view and to find optimal variants."

"The global crisis is taking a more and more dangerous shape, which inevitably affects us. This is how it was in 2008 and now we are witnessing the same. Though, unlike our friends and partners in Europe and other world regions, the Russian economy is showing its vitality and opportunities of further growth," Putin said.

At the same time, Putin said that in late 2012 - early 2013, "the speed of economic growth decreased slightly and the real sector shrank even more."

"Considering how the world economy, the European economy is developing, this, of course, impacts the development of our economy too. We are forced to make sufficiently tough decisions related to shaping the budget for the future period and the execution of the budget that we already have," Medvedev said.

In his opinion, the tendencies in the Russian economy are multidirectional, "unfortunately, there are slowdowns but there are also several favorable positions which should be used."

Last week the Economic Development Ministry downgraded the main indicators of its economic development forecast. The GDP growth estimate was reduced from 3.6% to 2.4%, industrial production from 3.6% to 2% and investment in capital assets from 6.5% to 4.6%.

Economic Development Minister Andrei Belousov said the Russian economy risks slipping into recession this autumn unless additional measures to stimulate economic growth are undertaken.

However, Vice Prime Minister Igor Shuvalov disagreed with the opinion. "There is no recession. There is dissatisfaction in the expert community and the government with the situation that is emerging," he said at the Russia 2013 forum last Thursday.

ml jv

(Our editorial staff can be reached at eng.editors@interfax.ru)

You can access a demo version of, receive more information about or subscribe to Interfax publications by filling in and returning the form below. We also have dozens of reports in the Russian language, please indicate if you are interested.



First name:


Last name:


Central Asia & Caucasus Business Weekly
Central Asia General Newswire
Global Gas Analytics
Global Natural Gas Daily
Interfax Via Bloomberg Terminal
Kazakhstan General Newswire
Kazakhstan Mining Weekly
Kazakhstan Oil & Gas Weekly
Russia & CIS Announcements
Russia & CIS Banking and Finance Weekly
Russia & CIS Business and Financial Daily
Russia & CIS Business and Financial Newswire
Russia & CIS Business and Investment Weekly
Russia & CIS Business Law Weekly
Russia & CIS Business news
Russia & CIS Defense Industry Weekly
Russia & CIS Diplomatic Panorama
Russia & CIS Energy Daily
Russia & CIS Energy Newswire
Russia & CIS Events Calendar
Russia & CIS Food and Agriculture Weekly
Russia & CIS General Newswire
Russia & CIS Headline News
Russia & CIS Insurance Weekly
Russia & CIS IT and Telecom Weekly
Russia & CIS Metals and Mining Weekly
Russia & CIS Military Daily
Russia & CIS Military Newswire
Russia & CIS Military Weekly
Russia & CIS Oil and Gas Weekly
Russia & CIS Presidential Bulletin
Russia & CIS Statistics Weekly
Russia Health & Pharmaceuticals
Russia Market Roundup
Russia Press Review
Ukraine Business Daily
Ukraine Business Weekly
Ukraine General Newswire

November 26, 2014
Alrosa selling less diamonds in Russia
Russian Defense Ministry continues Fukushima NPP monitoring
Turkey asking Russia to increase trucking permit quota to 40,000 per year
Expert proposes dropping Mistral contract, getting refund and building similar ships in Russia
Russia plans meat exports to Turkey; to receive export permits before year-end
Russian Defense Ministry continues Fukushima NPP monitoring
Ukraine's European integration ambitions will stay unchanged - Yatsenyuk
Alrosa reopens sales office in Dubai
Yatsenyuk expects Ukraine GDP to drop by 7% in 2014
Alrosa cuts quasi-treasury stake over 70% in Q3
Expert proposes dropping Mistral contract, getting refund and building similar ships in Russia
Preliminary safety report for Turkish nuclear plant to be ready by spring
Russian gas price for Ukraine will drop to $350 per 1,000 cubic meters in Q1 2015
 more headlines 


Australian Ambassador to Russia Paul Myler has given an interview to Interfax ahead of the G20 summit in Brisbane in which he speaks about the MH17 crash, the reasons for joining the West‘s sanctions against Russia and explained why Australia expects changes in Russia‘s food policy by March 2015.

The name Arkady Rotenberg has been in the news far more frequently than usual in recent months. The billionaire was hit by the first wave of European Union sanctions against Russia, and has already challenged this decision in court. Recently it was reported that the businessman has sold part of his assets to his eldest son. Arkady Rotenberg spoke in an interview with Interfax about whether there was a link between these two developments, the impact of sanctions on his business, his friendship with President Vladimir Putin and many other topics.

Pakistani Ambassador to Russian Zaheer Aslam Janjua has given an interview to Interfax in which he speaks about prospects for supplying more Pakistani food products to Russia, the quality of such products and invites Russian companies to implement infrastructural projects in Pakistan.


 ©   1991—2014   Interfax Information Service. All rights reserved.
contact information   |   Interfax offices   |   made by web.finmarket

News and other data on this site are provided for information purposes only, and are not intended for republication or redistribution. Republication or redistribution of Interfax content, including by framing or similar means, is expressly prohibited without the prior written consent of Interfax.

Browse other Interfax sites:  Interfax.ru   |   IFX.RU   |   Interfax Group   Rambler's Top100