Saturday, September 24, 2011

Kremlin save Russian debtors from defaulting

Government Regulation igry07-10-2008 will save the Kremlin Russian debtors defaulted on huge debts of Russian companies to Western creditors, which for so long terrified townsfolk finally "auknulos - entire industries state of imminent large-scale bankruptcies and other crises, if they urgently the money will not help. Actually, the decision to allocate the money is accepted - to maintain the pants the state will allocate a total of almost two trillion rubles. For "humanitarian aid" is already a queue of applicants. Today, Russian President Dmitry Medvedev, after meeting with economic bloc of the Government announced that in the near future the Russian banking sector will be granted a loan of 950 billion rubles for five years. Loan purpose - to support the liquidity of the banking system. The state runs its example subordinated loan scheme - that is, lending to participate not only regulators but also the bank's shareholders. It is clear that the first in line for state money are also public banks. Loan Savings Bank to allocate 500 billion rubles of its main shareholder of the Central Bank. And the government through Vneshekonombank, as principal shareholder, will fund VTB and Rosselkhozbank.

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