Russian defense minister: India’s SCO accession opens up new prospects for cooperationMilitary & Defense June 23, 13:19
Russia and India to hold first combined forces drills in fallMilitary & Defense June 23, 13:14
Serbian president confident EU accession will not aggravate relations with RussiaWorld June 23, 13:14
Press review: Reinforcements from Asia possible in Syria and Russia mulls data leak woesPress Review June 23, 13:00
2017 FIFA Confederations Cup in Russia is 'so far, so good' — Germany’s Emre CanSport June 23, 11:24
NHL says Olympic participation matter closedSport June 23, 11:12
Russia’s telecom watchdog may block Telegram messenger in RussiaBusiness & Economy June 23, 9:15
Russian warships fire Kalibr cruise missiles, destroy IS arms depots in SyriaMilitary & Defense June 23, 9:07
Kazakh foreign minister denies talks on sending troops to SyriaWorld June 23, 8:05
DAVOS, January 22. /TASS/. A new round of the European Central Bank (ECB) quantitative easing (QE) will provide funds for the Russian economy, VTB Bank Deputy CEO Herbert Moos said at the Davos Economiuc Forum on Thursday.
"The supply of cheap and long-term funding will increase sharply in Europe. Investments in Russia can probably rely on a portion of these funds. Our partner banks tell us that they still have an appetite for investments in Russia. Certainly, they are more cautious and selective now but we see them refinancing corporate clients' debts, which will boost liquiidity supply. This is a positive step," Moos said.
The ECB was reported earlier to offer €50 billion monthly by late 2016 as part of its new quantitative easing program.