Erdogan cancels visit to Kazakhstan due to Istanbul terrorist attack - newspaperWorld December 11, 11:15
The deal of buying Rosneft's 19.5% stock is outside sanctions - sourceBusiness & Economy December 11, 11:12
Syrian military supported by the Russian aircraft repel IS attacks near PalmyraWorld December 11, 11:10
Five people die in fire in Tatarstan-emergencies ministrySociety & Culture December 11, 11:04
Turkey declares one day of national mourning over Istanbul terrorist attackWorld December 11, 7:10
Turkish authorities impose media ban on coverage of Istanbul explosionWorld December 11, 3:01
Erdogan says Istanbul terrorist attack causes fatalitiesWorld December 11, 2:52
Istanbul explosions leave 15 dead, 69 wounded — TV channelWorld December 11, 2:38
Three settlements in Syria join cessation of hostilities — Russia’s Defense MinistryWorld December 11, 2:34
MOSCOW, December 21 (Itar-Tass) — The inflation rate in Russia will reach by slightly more than 6 percent in 2011, Prime Minister Vladimir Putin told the Congress of the Business Russia public organization on Wednesday.
"The inflation by the results of the year will amount to slightly more than 6 percent, a historical minimum for a modern Russia," Putin said.
He promised that the government would continue to "do everything necessary to ensure a stable rouble rate and a low inflation, maintain tough budget discipline and guarantee unconditional freedom of the movement of capital."
The premier reminded that the market of global capital had shrunk dramatically and that the situation in Europe and the USA, and in the world economy in general was far from being ideal.
Russia therefore has to launch its own domestic investment engine, i.e. support manufacturing business and create the conditions to make investments in the domestic industry advantageous, Putin said.