29 september 2008

Prime Minister Vladimir Putin held a meeting on the concept of Russia’s long-term social and economic development until 2020

Vladimir Putin

Meeting on the concept of Russia’s long-term social and economic development until 2020

Participants:
"Under the circumstances [of the financial crisis], the Russian banks and companies which have been borrowing money in the West will find it very difficult to extend old credits and get new ones in the Western financial institutions. Therefore, the Russian Government and the Central Bank have offered a number of additional measures to support the Russian financial system, to continue the projects launched earlier, to restrict the negative impact of the world financial crisis on the domestic economy, and to protect the assets of Russian companies abroad."