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05.06 Mr. Kudrin: Bank Recapitalization Should Resist the Second Surge of Crisis
05.06 Mr. Kudrin: the Dollar Exchange Rate Will Exceed 30 Roubles
05.06 Mr. Medvedev Considers Inflation to be the Main Problem of Russia
05.06 The Russian Stock Exchanges Will Overtake World Boards
04.06 In St. Petersburg There Will Be a Unique World Branded Hotel
04.06 Putin Has Pointed to Have Shut Down Gas
04.06 Has The Real Estate Got Out of Fashion?
04.06 Experts: Restoration of the Russian Economy Will Begin by the End of the Year
03.06 Opening Remarks at Meeting on Economic Issues
02.06 Magna Would Branch out a Factory in St. Petersburg in the Spring of 2010
02.06 Nissan Has branched out a Factory in St.Petersburg
01.06 The Share Market is “Skyrocketing”
01.06 Automobile Lending Cutback Four Times
01.06 The Head of the IMF Warrants the Inflation in Russia Will Reduce Progressively
01.06 Mr. Putin Says: the IMF Should Aid Ukraine with Gas
28.05 Foreign Investments into Russia Cut in Third for a Quarter
27.05 The External Economic Bank (Vnesheconombank) Alters Stocking Geography
Financial news
The government shouldn’t support the debtors
09 àïðåëÿ 2009 ã.
The government shouldn’t support the companies with the high level of debts. That was the point of view of the development director of ZAO “Insurance Broker”Malakut” Andey Lokshin. The expert suggested defining the border depending on EBITDA (earnings before interest, taxation, depreciation). “It’s necessary to separate the people who were living in debt from those who incur debts sensibly”, he reported. Lokshin noted that today the total amount of debt of companies, banks and ordinary people “has overtopped all possible limits”. In this case reorganization won’t help because the sources of further revenue are necessary to realize it but “there are no such sources and won’t be”. “Nowadays everybody is trying, figuratively speaking, “to treat the appendicitis with vitamins” when the surgical interference is needed”, marked the expert. That’s why Lokshin also suggests decreasing the number of debt instruments and strictly regulating those remaining. Moreover, in his opinion, the strict regulation of reserve currency and the emission of any funds are necessary.
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Dmitry Medvedev addressed the St Petersburg International Economic Forum's plenary session
Mr. Kudrin: Bank Recapitalization Should Resist the Second Surge of Crisis
Mr. Kudrin: the Dollar Exchange Rate Will Exceed 30 Roubles
Mr. Medvedev Considers Inflation to be the Main Problem of Russia
