The President said that the global financial crisis should not be cause for doubting the inherent value of freedom and democratic, cultural and economic values. Mr Medvedev said that in his view, the fundamental roots of the crisis lie in an artificially maintained uni-polar system and the preservation of monopolies in key segments of the global economy. Today’s decision makers have the task of making the global economy healthier, more sustainable and less vulnerable to global risks, the President said. Mr Medvedev noted that various countries’ governments are ready to work t...

MARIA BARTIROMO: Mr President, thank you for finding time for the interview. A certain fall in GDP has been observed in Russia. What would be your comments on the matter? Could you tell us at what stage the Russian economy is at the moment, after the global economic slump? DMITRY MEDVEDEV: The Russian economy – first of all, I would like to start with it and say that it has suffered from the global financial crisis to the same degree as other countries. There are objective reasons for that, as well as subjective reasons associated with our economic environment and economic situatio...

As it was informed by “GAZ Group” press-service, as its member, The Gorki automobile factory ( GAZ, Nizhniy Novgorod) might have got full-scale production of Opel vehicles up and running within nine months if the consortium which is intended to obtain Opel, makes a decision on automobiles being manufactured in the city of Nizhniy Novgorod.

Soon all applicants for the purchase of German company “Opel” will become known. May, 20th is the last day when the German Government would make a book. By the present there are 4 potential buyers of the “General Motors” European branch share. They are: Italian “Fiat”, the Canadian “Magna” in consortium with “The Savings Bank of the Russian Federation” and “GAZ”. There are two more investment companies - Belgian “RHJ” and American “Ripplewood”. “Fiat” proposal is to pay for &...