Prime Minister Vladimir Putin chaired a meeting of the Government Presidium
"We must draft practical measures to support large companies. We need to set up an additional working group of representatives from the Ministries of Finance, Economic Development, Industry and Trade, Agriculture, and Energy. The group should also include delegates from major banks, notably Sberbank, VTB, Rosselkhozbank and Gazprombank."
Mr Kozak said that “the funds would be placed on long-term deposits for a period of over six months.” He said that the “funds would be placed in the banks, provided they issue loans amounting to 50% of the deposit to Russian legal entities working in the key sectors of the economy.”
Mr Kudrin said the list of the companies to receive Government’s assistance may include over 300 enterprises. He said that the list of the strategically important national companies to receive Government’s assistance will be finalised this week.
Events for 12 december 2008
Prime Minister Vladimir Putin held a working meeting with Kyrgyz Prime Minister Igor Chudinov
"I note with satisfaction that our trade has been growing: last year it reached $1.2 billion and this year will approach two billion, or about $1.7 billion. Russian direct investments in the Kyrgyz economy have also been growing."
Vladimir Putin took part in a meeting of the EurAsEC Interstate Heads of Government Council
"The tightening of the global economy is certainly important issue affecting each of our countries. Each EurAsEC country is currently working on its own plan to deal with the financial crisis. And it is especially important that we coordinate our efforts and be ready to deal with the consequences of the crisis cooperatively."
A list of documents signed following the session of the EurAsEC Interstate Council.
"There is no doubt that consolidation of business partnerships, and implementation of major initiatives will promote the region's economic stability and sustainable development."
