All news

Russia to allocate 55 billion roubles in subsidies to Crimea

MOSCOW, May 10, /ITAR-TASS/. Russia's cabinet approved the instruction allocating 55.5 billion roubles to balance Crimea's and Sevastopol's budgets in 2014.

"The instruction, approved on May 8, provides for 44.8 billion roubles in subsidies to Crimea and 10.6 billion roubles to Sevastopol," the Russian government said on its website on Saturday.