Senior Russian MP says too early to speak of thaw in Russia-US tiesRussian Politics & Diplomacy May 23, 2:26
NATO’s saber-rattling only impairs security of alliance's members — diplomatRussian Politics & Diplomacy May 22, 20:20
Russian sledge hockey team may compete in 2018 Paralympics — IPCSport May 22, 18:53
PM Medvedev says envoy’s murder 'left imprint' on Russian consulate’s work in TurkeyRussian Politics & Diplomacy May 22, 18:40
Peruvian fire-fighting service wants to buy Russian Mi-171 helicoptersBusiness & Economy May 22, 18:00
Putin sets task of accelerating work on super-heavy rocketScience & Space May 22, 17:55
Russian PM comments on decision to remove trade restrictions with TurkeyBusiness & Economy May 22, 17:39
Russia and its EU partners discuss entry point for Turkish Stream’s second lineBusiness & Economy May 22, 17:38
Austrian chancellor to address SPIEF-2017 on June 2Business & Economy May 22, 17:00
MOSCOW, November 24. /TASS/. Reserve fund loan finance is being considered to help Gazprombank deal with a $3.2 billion debt owed by Ukraine, Russia's government says.
Up to 100 billion rubles ($2.15 billion) may be provided from the $84 billion National Welfare Fund as subordinated loans, Economic Development Minister Alexey Ulyukayev said on Monday. The announcement builds on a November 15 statement from President Vladimir Putin that Gazprombank planned to demand early repayment of $3.2 billion owed by Russia's neighbour.
“Since gas does not reach consumers (in Ukraine), and is not paid for, our bank does not receive the money back,” Putin said, noting "the right to demand repayment” and adding that "if we do it, Ukraine’s entire financial system will collapse. If we do not, our bank may collapse.”
Gazprombank's major shareholders are Gazprom (35.5%), Gazfond pension fund (49.6%) and Vnesheconombank (10.1%).