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05 июля 201109:01

Bank Koltso Urala: Greece Needs New Economic Plan

The Eurogroup (that is, the euro zone) finance ministers approved of the plan to offer Greece a ?12bn tranche before July 15, 2011; this is part of a EU and IMF loan worth a total of ?110bn that the parties involved agreed upon last year. Analysts report the fifth loan trance became possible after Greece’s parliament adopted the anti-crisis economic action plan on June 29. Bank Koltso Urala Project & Analysis Director Dmitri Suplakov says any allowances offered to Greece at the moment can only serve as a temporary stopgap to relieve the country’s sick economy. The current situation is so
05 июля 201109:01

France to Offer Russians Long-Term Visas

France is willing to settle the question of visas for the Russian subjects before the end of the year and to start offering them long-term visas, France’s Foreign Affairs Minister Alain Juppé announced at a press conference where he spoke alongside his Russian counterpart Sergey Lavrov, RIA Novosti reports. During our talks, I voiced France’s wish to settle the visa issue as soon as possible. We confirmed our willingness to give up on the short-term visas, and I believe the process can be completed by the end of this year,’ M. Juppé said.
05 июля 201109:00

Number of Poor in Russia Rises 25% in Six Months

The number of poor people in Russia went up by 4.8m, or 26.5% compared with the end of 2010. The population’s actual monetary income decreased by 5% in May 2011 against May 2011 as well, Rosstat reports. The number of people whose income amounts to less than the living wage rose by 2.3m, or 11.2% in comparison with January-March 2010. The total figure now comes to 22.9m people. Remarkably, things are deteriorating particularly fast in the year 2011: the number of poor people rose by 4.8m, or 26.5% against last December. At the same time, the living wage has been going up as well. This figure
05 июля 201109:00

Innovators and Industrialists to Meet at INNOPROM 2011

Russian industrial enterprises came up with their requests for the innovation developers, Governor of Sverdlovsk Region’s press service reports. The agenda of the upcoming industrial exhibition INNOPROM 2011 covers an innovations contest where the developers are expected to present their projects and services aimed at meeting the industry’s current needs. The contest will proceed in two stages. First, the industrial enterprises are to come up with their request, and next, the developers are to present their innovational solutions. The best projects selected by experts will be offered to