World Finance News

The government has taken part of the financial functions. Experts skeptical, and Kudrin denies involvement

President Vladimir Putin has supported the establishment of the Central Bank on the basis of the financial mega-regulator, which proposes to transfer supervision of insurance companies, stock exchanges and funds – that is, functions that...

Deputy Finance Minister: Ruble – super stable currency for monetary policy

Deputy Finance Minister Alexei Moiseyev effusive compliments and positive characteristics of the national currency. Thus, he believes that the ruble “in comparison with the euro, the dollar and all the rest – it is super stable...

Germany will not give Greece a new delay for the reforms required EU

German Finance Minister Wolfgang Schaeuble opposed granting Greece more time to implement reforms agreed with the EU. On this, as reported by ITAR-TASS, head of the ministry said today on the eve of his visit to the German capital, Prime...

Commission to set deadlines for the euro: its fate will be decided within 10 days

The European Union (EU) is entering a critical 10-day period within which to complete the work on the program comprehensive response to the debt crisis in the eurozone and to stabilize the single currency. This statement was made on Wednesday...

Finance Ministry proposes to cut staff security forces and arms spending

Russias Finance Ministry is drawing up plans of the military budget sequester two radical ways. First, in 2013-2015, it may be retrenchment of the army and the Interior Ministry. Second, the Finance Minister Anton Siluanov said that direct...

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