In Translation: Friends in the New Term: What Awaits Putin’s Associates After 2018? Five rules for the state oligarchy.

Judging by the political landscape at the end of Putin’s third term, one can discern a code of unspoken boundaries that the Russian president outlines for his associates. Continue reading In Translation: Friends in the New Term: What Awaits Putin’s Associates After 2018? Five rules for the state oligarchy.

In Translation: Train (Modernization) in Vain

Article by Anastasia Bedneyeva, Natalya Skorlygina, and Anatoliy Dzhumailo. Translation by Nick Trickett. Companies may win an exemption from the Customs Union’s technical regulations for privately-owned locomotives. Their inclusion under Union regulations would threaten the use of 60% of privately-owned locomotives in the Russian Federation, and the modernization of the fleet, per analysts’ estimates, could run up to 100 billion rubles ($1.67 bln). The government … Continue reading In Translation: Train (Modernization) in Vain

In Translation: Government, facing a demographic crunch, debates birth rate stimulus

Article by Margarita Papchenkova, Tatyana Lomskaya. Translation by Nick Trickett. The Government’s social block has proposed a package of measures to stimulate Russia’s declining birth rate, two Federal officials have told Vedomosti. Vice Prime Minister and Social Block leader Olga Golodets’ press secretary confirmed the move, noting the necessity of continuing current measures and the development of new ones. After a baby boom in the … Continue reading In Translation: Government, facing a demographic crunch, debates birth rate stimulus

In Translation: Incomes to Bounce Back by 2020, Pensions Won’t At All

Article by Olga Kuvshinova and Aleksandra Prokopenko. Translation by Nick Trickett.  In the target scenario of its macroeconomic forecast through 2035, which assumes a growth rate higher than the world average, the Ministry of Economic Development sees near zero real growth for pensions over the next 20 years (“Vedomosti” has seen the document). To raise the economy’s growth rate in the target scenario, the plan … Continue reading In Translation: Incomes to Bounce Back by 2020, Pensions Won’t At All

In Translation: Problem Loans Make Up 40% of VEB’s Portfolio

Article by Margarita Papchenkova. Translation by Nick Trickett. Vedomosti has examined VEB’s credit portfolio as of the 1st of May. An employee at the state bank revealed a list of loans with names of debtors, the amount of debt, the amount of reserves for the debt, and how bad the debt is. Another confirmed its authenticity. VEB’s press secretary declined to comment on the document, … Continue reading In Translation: Problem Loans Make Up 40% of VEB’s Portfolio