Shiveluch volcano in Russia’s Far East spews ash to 11 km in airWorld December 10, 5:28
Ceasefire agreements enter into force near Damascus, in Idlib province ― mediaWorld December 10, 4:18
Russian pair Tarasova/Morozov win final of ISU Grand Prix of Figure Skating in MarseillesSport December 10, 4:00
Matviyenko to visit UAE to participate in Forum of Women Speakers of ParliamentRussian Politics & Diplomacy December 10, 3:21
Doping samples of all athletes from past three Olympics should be re-analyzed ― lawmakerSport December 10, 2:01
Russia’s figure skater Medvedeva leads with world record after SP at Grand Prix finalsSport December 10, 1:28
Russian energy minister expects OPEC, non member countries to sign agreement on oil outputBusiness & Economy December 10, 0:46
40 ceasefire violations reported in Syria in past day ― Russian reconciliation centerWorld December 10, 0:02
Russia open for cooperation with IOC, WADA ― ROC presidentSport December 09, 23:44
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%).