Russia stands among Citi's priority markets
Citibank’s Director in Russia, Andrei Kurilin, shares how the country’s middle class is becoming critical to the banking sector and what Moscow needs to do to become an international financial center
Venture capital investments in Russian projects double
Venture investors poured $910.6 million into Russian projects in 2012, 2.3 times more than the year before. Investors were mainly interested in IT and web startups
G20 financial meeting in Washington: An opportunity for Russia to promote its interests
The upcoming meeting of G20 finance ministers and central bank governors will raise the global economy’s perennially unresolved problems, but it will also present Russia with a real opportunity to promote its own interests
Russia to Use G20 Chair to Boost World Employment
One of Russia’s main goals as chair of the Group of 20 nations is to boost global employment levels, its point man on G20 and BRICS issues said on Thursday.
Doing Business ranking: Russia close to 20th place
The Ministry of Economic Development published the World Bank's ranking of doing business in Russia in 2012-2013. Officials believe that, theoretically, Russia could already be in 44th place
Russia reluctant to discuss currency wars, Cyprus crisis at next G20 session
Russia, which is chairing the G20 in 2013, does not want to discuss the management of the exchange rates of national currencies and the bank crisis in Cyprus during the G20 meeting in Washington on April 18-19
Mezzanine financing takes off
Russian entrepreneurs are learning about mezzanine deals as a way of avoiding being swallowed by the big fish.
S&P Revises Outlook on Cyprus to Stable
Standard & Poor’s Ratings Services has revised the outlook on Cyprus to stable from negative, the ratings agency reported Wednesday
Putin: Cyprus shows insecurity of investment in West
President Vladimir Putin said that the recent financial meltdown in Cyprus proved the risk of investing in Western countries, in an interview with a German broadcaster in advance of his visit to the country this week.
Bank Boss Emptied Cyprus Account Days Before Bailout – FT
The president of Gazprombank, the Russian energy giant’s banking arm, is among individuals who pulled their money from the troubled Laiki Bank just days before Cyprus agreed a “haircut deal” with international lenders, The Financial Times said on Wed
"Cyprus can infect other countries"
What the upshot will be for Cyprus itself, no one seems to know
The Central Bank to get unprecedented supervisory powers
Starting in 2014, the Central Bank will be able to introduce harsh sanctions against shareholders of credit institutions, set higher requirements for high-risk players and even control executive pay
BRICS dumping euro amid simmering EU banking crisis
Brussels has been forced to eat a generous slice of humble pie: A massive sell-off of the euro is underway in the wake of a persistent financial crisis, as holdings in the European currency were slashed by almost 8 percent last year
No State Help to Russians Affected by Cyprus Crisis - Shuvalov
Russian authorities plan no support measures for citizens, who might partially lose their funds deposited in crisis-stricken Cypriot banks, Russian First Deputy Prime Minister Igor Shuvalov said late on Sunday
Moscow to pay for Cyprus
Brussels runs a Eurozone disintegration test where Russian depositors will suffer the most.
Cyprus: no plans to quit euro - president
Cyprus is not going to quit the euro zone, the country’s President Nicos Anastasiades said
Cyprus respects Russia’s stance on EU, IMF-agreed anti-crisis program
Cyprus respects Russia’s position on the anti-crisis program agreed with the EU and IMF
Europe plays hard ball
The European Union deliberately ruined the Cypriot banking system as a warning to other debtors
Bank of Cyprus Head Resigns Over Bailout Deal
Andreas Artemis, head of Bank of Cyprus, the country’s biggest lender, has submitted his resignation in the wake of a bailout deal that the Eurogroup reached with the Cypriot authorities to rescue the island nation from bankruptcy, western media repo
Russia ready to help EU settle Cypriot crisis
Russia will help the EU in settling the financial crisis in Cyprus. President Vladimir Putin has ordered the government and Finance Ministry to renegotiate the terms of the existing 2.5 billion euro loan to Cyprus