Original images vs. portraits on canvas: 'An artist's model in the camera lens'Society & Culture March 30, 17:24
Putin thanks CNBC anchor for correctly setting Crimea apart from UkraineRussian Politics & Diplomacy March 30, 16:57
Putin says no plans to restrict rocket engine supplies to USScience & Space March 30, 16:49
Russia’s Space Force deploys high-tech space monitoring systemsMilitary & Defense March 30, 16:25
Putin stresses Russia’s military activities in Arctic threaten no oneRussian Politics & Diplomacy March 30, 16:18
Russia and Norway team up to clean Arctic of nuclear wasteWorld March 30, 16:10
Putin: Corruption must be fought against, but using this issue to score points is wrongRussian Politics & Diplomacy March 30, 16:07
Putin blasts 'worthless' allegations of 'Russian aggressiveness'Russian Politics & Diplomacy March 30, 15:57
Putin comments on recent protests across RussiaRussian Politics & Diplomacy March 30, 15:49
ST. PETERSBURG, October 24 (Itar-Tass) —— The Russian government will earmark 20 billion roubles in support to small business in 2012, Vice Prime Minister Dmitry Kozak said.
“Small business ensures sustainability” of the national economy and “its potential in Russia is tremendous”, Kozak said at a meeting with representatives of small business in St. Petersburg on Monday, October 24.
“Owing to systemic measures” and annually “increased preferences” small business in Russia has been developing quite rapidly in recent years and currently employs about one-fourth of able-bodied people in the country.
At the same time, Kozak noted, “We are still lagging behind European and North American countries where the share of small business is about 60 percent compared to 25 percent in our country. This is something to work on.”
He promised further support to small business in Russia but stressed the need for a balanced approach: tax cuts can only be justified if they lead to the creation of new enterprises and growth of production and therefore budget revenues.