"A drop in demand is another component of the crisis. And this is very important. No matter how many loans we may give to the companies in the real economy, lack of demand will cause a decline, and eventually production will also grind to a halt. Therefore, it is necessary to support production and demand at the same time"
The meeting focused on the information and communication technologies, as well as the state of affairs in the industry during the world financial crisis.
The meeting discussed the Commission’s work and priority issues of the fuel and energy sector’s development.
The meeting participants discussed priority measures of state support of the companies in the industry amid the unstable financial markets.
Events for 23 december 2008
"Energy security includes the following aspects. For oil and gas producers, it primarily means the guarantee of sovereignty over their national energy resources, as well as a responsibility to ensure stable supplies to their consumers."
Prime Minister Vladimir Putin met with Deputy Prime Minister Dmitry Kozak
At the meeting, Vladimir Putin and Dmitry Kozak discussed the performance of the Housing and Utilities Fund and the Olympic preparations.
Putin asked the Varfolomeyev girls how they were doing in school, and said that the United Russia party had New Year's gifts ready for their schoolmates. "As for your school, all children will have presents. The school will receive a cutting-edge computer classroom with Internet access," he said.
The Government Commission on Sustained Economic Development met at the Government House
The Minister of Economic Development Elvira Nabiullina told journalists after the meeting that there were more than 250 such companies. “Today we discussed the criteria and the list of key organisations and the procedure of work with them,” the Minister said.
Events for 22 december 2008
Prime Minister Vladimir Putin chaired a cabinet meeting
"We are currently working on a list of the largest Russian companies, and plan to complete it in the next two days. We'll list around 300-400 companies. Overall, government assistance will be provided to 1,500 companies across Russian regions - including loans, state guarantees, and other formats of support for leading companies, often strategic for their sectors and for the country's economy as a whole."
Prime Minister Vladimir Putin met with Sberbank President German Gref
The two met to discuss the prospects of prolonging certain loan agreements and relief terms for Russian clients of Sberbank.
