Russia
Belarus 'to pay for Russian gas debt' within two weeks
June 21, 2010Belarus has said it will settle its gas debts to Russia within two weeks, after its eastern neighbour started cutting supplies in a dispute over payments. Deputy Prime Minister Uladzimir Syamashka said Belarus would borrow the nearly $200m (£1...
Russia cuts gas supplies to Belarus
June 21, 2010Russia has cut natural gas supplies to Belarus in a dispute over outstanding debts. The move could backfire against Russia if it is seen as a threat to gas deliveries to Europe. In a televised meeting with Russian President Dmitri Medvedev, Gazprom chief...
Medvedev tells economic forum Russia is serious about reforms
June 18, 2010President Dmitry Medvedev has addressed Russia's most important annual international economic forum, announcing plans to abolish the capital-gains tax on long-term direct investment starting next year. Speaking at the 14th St. Petersburg International...
Fear of corruption charges leads most Russian businessmen to keep money and children abroad
May 28, 2010By Paul Goble Most Russian businessmen prefer to keep their money in offshore banks and their children at foreign schools lest the businessmen be charged with corruption and lose everything, a Moscow specialist on Russian elites says, just one of the...
High risk for venture capital in Russia
May 27, 2010By Peter Fedynsky Russian President Dmitri Medvedev met Tuesday with a group of American venture fund managers in a bid to increase foreign investment in his country's fledgling high-tech industry. The Kremlin leader spoke frankly about the risks facing...
Moldova increased wine exports by 22%
May 26, 2010In the first quarter of the year, Moldova exported wine products on US$ 39.5 million, which is 21.7% more than in the first quarter of the last year. According to the councilor of the agriculture and food industry minister, Petru Rotaru, wine products...
Yanukovych rejects Putin’s Gazprom-Naftohaz Ukrainy merger proposal
May 21, 2010By Pavel Korduban Russian President, Dmitry Medvedev, met with his Ukrainian counterpart, Viktor Yanukovych, for the seventh time this year, in Kyiv on May 17-18, but contrary to general expectations no new gas agreements were reached. Ukraine rejected...
Moldova's official doubts Russia plans to control its energy sector
May 20, 2010Moldovan Economy Minister Valeriu Lazar has rejected media speculation that the Russian energy giant Gazprom is trying to take over Moldovagaz, the country's sole distributor of Russian gas, RFE/RL's Moldovan Service reports. "I haven't seen such...
Kyiv reacts warily to Gazprom-Naftohaz merger plan
May 12, 2010By Pavel Korduban Ukraine wary of Putin’s proposal to merge national gas companies The Ukrainian government and opposition alike have reacted coolly to Russian Prime Minister, Vladimir Putin’s, April 30 proposal to merge the two countries...
Leading Russian trader of Moldova wines has overcome crisis
May 11, 2010One of the leading Russian importers of Moldovan wines, the International Logistic Systems (ILS), has ascended in 2009 to the 3rd position on the list of 176 suppliers of bottled wines to the Russian Federation, the specialized Alconews portal of Russia...
