Activists in Berlin stage picket condemning Obama’s foreign policyWorld January 19, 21:17
Russian regulator promises to respond to any US restrictions of RT channelRussian Politics & Diplomacy January 19, 21:09
FIFA: Over 82,400 ticket requests applied globally for 2017 Confederations Cup in RussiaSport January 19, 20:17
Russia stands for developing legal tool to fight cyber hooliganismRussian Politics & Diplomacy January 19, 20:00
Russia is developing advanced hypersonic weapons — ministryMilitary & Defense January 19, 19:50
Former USSR leader receives Lithuanian court’s summons as witness in case over 1991 eventsWorld January 19, 19:29
FIDE chief says he plans to seek US entry after President-elect Trump’s inaugurationSport January 19, 18:56
Russian economy minister: Results of 2016 demonstrated adjustment to cheap oil, sanctionsBusiness & Economy January 19, 18:44
Russia ready to welcome Trump at economic forum in St. Petersburg — first deputy PMBusiness & Economy January 19, 18:29
MOSCOW, December 4. /TASS/. Moscow is currently facing difficulties to attract funding both from the western and eastern financial markets, Sberbank's CEO German Gref said on Thursday.
“The thesis that we have not seen the western funds is very bad. Colleagues, you won’t see the eastern money. You should not be waiting for this. Today we see an enormous rivalry for money,” he told a working breakfast as part of the Russian Transport forum.
Russia’s former economy minister, Gref said he had visited a number of “eastern” countries together with the head of the Russian Direct Investment Fund, Kirill Dmitriev.
“I want to say that there are no volunteers lining up to invest in this country. Only we are standing in a queue for money, first of all, from sovereign funds,” Gref said, stressing the need to build an efficient project management system.
The current financial market volatility is creating certain difficulties for Russian banks to finance infrastructure projects, Gref said, urging for introducing a new strategy for attracting private investment.
“Third, and in my opinion, most important is a radical paradigm shift linked to the protection of rights of private investors involved in these /infrastructure/ projects,” Gref said.