Monthly Archives: January 2015

Central Bank prepared to make forex mortgages “prohibitive” for banks – Nabiullina

MOSCOW. Jan 30 (Interfax) – The Russian Central Bank is prepared to raise the risk factors for foreign currency mortgages in order to make the mortgages “prohibitive” for banks, Central Bank Governor Elvira Nabiullina told the State Duma on Friday. … Continue reading

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FAS to return to exchange manipulation case against Bashneft, Rosneft, Lukoil in one month (Part 2)

MOSCOW. Jan 30 (Interfax) – The Russian Federal Antimonopoly Service (FAS) will continue the review of the exchange manipulation case against OJSC Bashneft (MOEX: BANE), OJSC Rosneft (MOEX: ROSN), OJSC Lukoil (MOEX: LKOH) and LLC Lukoil-Reservnefteprodukt over the next month, … Continue reading

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Self-proclaimed Donbas republic leaders should take part in Minsk talks – Kuchma

KYIV. Jan 30 (Interfax) – Former Ukrainian President Leonid Kuchma insists that the leaders of the self-proclaimed Donetsk and Luhansk people’s republics (DPR and LPR), i.e. Oleksandr Zakharchenko and Ihor Plotnytsky, should take part in negotiations of the trilateral contact … Continue reading

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Moscow meetings should lead to Damascus talks – Syrian official

MOSCOW. Jan 29 (Interfax) – Representatives of the Syrian authorities want their Moscow consultations with opponents of Bashar al-Assad to eventually lead to negotiations in Damascus, said Bashar Jaafari, the head of the government delegation to the talks and Syria’s … Continue reading

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Meeting of Belarus-Russia Union Supreme State Council set for March 3 – Lukashenko

MINSK. Jan 29 (Interfax) – The next session of the Supreme State Council of the Belarus-Russia Union has been set for March 3, Belarusian President Alexander Lukashenko has said. “I negotiated March 3 as its date. If no serious events … Continue reading

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RZD expecting around 5 bln rubles in dividends from GEFCO in 2015

ST. PETERSBURG. Jan 29 (Interfax) – Russian Railways (RZD) (MOEX: RZHD) is expecting to receive around 5 billion rubles in dividends from French logistics operator GEFCO, 75% of which belongs to RZD, in 2015, RZD President Vladimir Yakunin said at … Continue reading

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Magnit Q4 earnings up 14% to 13.5 bln rubles, above forecast (Part 2)

MOSCOW. Jan 27 (Interfax) – Magnit boosted net profit to International Financial Reporting Standards (IFRS) 14.35% year-on-year in Q4 2014 to 13.483 billion rubles, the retailer said in a statement. This was below the 14.892 billion rubles that analysts predicted … Continue reading

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Gazprom unable to supply Turkey with 30 bcm in 2014, only 27.4 bcm

MOSCOW. Jan 27 (Interfax) – Gazprom (MOEX: GAZP) could not supply Turkey with 30 billion cubic meters of gas, as was announced in a press release from October 1. In a statement released on Tuesday the company said that supplies … Continue reading

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Gazprom unable to supply Turkey with 30 bcm in 2014, only 27.4 bcm

MOSCOW. Jan 27 (Interfax) – Gazprom (MOEX: GAZP) could not supply Turkey with 30 billion cubic meters of gas, as was announced in a press release from October 1. In a statement released on Tuesday the company said that supplies … Continue reading

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Lowering state stake in UGC to lower than control possible, but only with AgMin’s agreement (Part 2)

MOSCOW. Jan 27 (Interfax) – Reducing the government’s stake in OJSC United Grain Company (UGC) below controlling is possible, but only if the Agriculture Ministry agrees, Deputy Economic Development Minister and Director of the Federal Property Agency (Rosimushchestvo) Olga Dergunova … Continue reading

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