Russian servicemen to take part in joint drills in Mongolian desertMilitary & Defense August 17, 8:22
Russia’s UN envoy notes good sign in conciliatory language used by US and North KoreaRussian Politics & Diplomacy August 17, 2:40
Proton-M carrier rocket with defense satellite launched from Baikonur space centerScience & Space August 17, 1:44
Russian diplomat suggests Barack Obama read Nelson Mandela’s words about GaddafiRussian Politics & Diplomacy August 17, 1:01
Russian, Indian students creating friendship satelliteScience & Space August 16, 21:46
Zenit St. Petersburg loses 0:1 against FC Utrecht in first leg of Europa League play-offSport August 16, 21:34
Saakashvili plans to return to Ukraine on September 10World August 16, 21:23
Russian diplomat concerned over US and North Korean aggressive statementsRussian Politics & Diplomacy August 16, 20:32
Diplomat says US-made chemical weapons found in Syria prove West’s support for terroristsRussian Politics & Diplomacy August 16, 20:14
MOSCOW, December 23. /ITAR-TASS/. Russian government and its ministries of economic development and finance are considering the possibility of limiting the lending costs for businesses to 10 percent per year, First Deputy Prime Minister Igor Shuvalov told TV channel Rossiya-24.
“For small businesses the loan rate is very high,” he said adding the rate of 10 percent now being discussed in the government requires about 100 billion rubles (about $3 billion) from the National Wealth Fund (NWF). Shuvalov added the initiative had drawn much criticism.
“I cannot promise we’ll launch the mechanism but we’ll try to,” he said. “Part of the funds, about 10-15 percent of the NWF, may fall under the system of state guarantees.