Macron lashes out at Russian news agency Sputnik, RT channel over campaign coverageWorld May 29, 20:11
Macron says no international problem can be solved without RussiaWorld May 29, 19:51
Putin: Russian and French fundamental interests come firstRussian Politics & Diplomacy May 29, 19:34
Hollywood director highlights his esteem for Russia’s presidentSociety & Culture May 29, 19:18
Death toll following Moscow thunderstorms rises to 11World May 29, 19:02
Putin-Macron first meeting round-upWorld May 29, 19:00
Expert predicts tensions between China and US will escalateWorld May 29, 18:22
Raging thunderstorm strikes Moscow leaving seven dead, 69 injured — sourceWorld May 29, 18:01
MP rips Montenegrin top envoy's anti-Russia hype as lies, loyalty ‘display’ for NATORussian Politics & Diplomacy May 29, 17:44
MOSCOW, February 16. /TASS/. Russia's government will spend half of its Reserve Fund in case average annual oil price stands at $40 per barrel, Chief Executive Officer of Russia’s top lender Sberbank German Gref said on Tuesday.
"It’s very difficult to forecast how the Reserve Fund will be used today. However, our preliminary estimates say that if oil price keeps around $40 per barrel and if budget is slashed half of the Reserve Fund will be spent this year," Gref said.
Russia’s Reserve Fund topped 3.7 trillion rubles ($46.6 bln) as of February 1, 2016 whereas is equaled 5.8 trillion rubles ($75.2 bln) in the previous year.