Russian pensioners money buried in the "bottom" of the stock market

Finansy12-09-2008 Russian pensioners money buried in the "bottom" of the stock market state pension money to play on the stock exchange. Russia's Finance Ministry expects to use the Russian Pension Fund (RPF) to trigger a sense of the financial market. Currently considered a number of proposals for its maintenance: "These proposals - placing on the domestic market, pension funds and the National Welfare Fund", - says the Russian finance minister Alexei Kudrin. Placing on the market that money is possible in the future, the minister added. He stressed that while the task of supporting the financial market is vested in the central bank. Despite the vagueness of the wording of pore deputy prime minister, he soon found critics in the face of one of the world's largest rating agency Standard & Poor's. Support for Russian financial markets at the expense of the National Welfare Fund could affect the creditworthiness of a sovereign government, said the agency immediately after the speech Kudrin. As said in a statement the rating agency, comments that are made by Minister of Finance of the Russian Federation, contrary to the long-declared Russia's intention to defer profit without spending funds derived from favorable terms of trade.