Kvyat to race at home F1 GP in Sochi with new helmet design depicting him riding torpedoSport April 27, 21:43
Maria Sharapova gets into quarterfinal of tournament in StuttgartSport April 27, 21:16
Russia, Japan to hold bilateral year of culture in 2018World April 27, 20:49
Angela Merkel’s visit to Moscow – pragmatism above all elseRussian Politics & Diplomacy April 27, 19:18
Japanese businessmen and officials to visit South Kuril Islands in summerWorld April 27, 18:46
Putin, Abe call for quickest restart of talks on Korean settlementRussian Politics & Diplomacy April 27, 18:32
Russian diplomat accuses White Helmets of supporting terrorismRussian Politics & Diplomacy April 27, 17:54
Putin's spokesman warns against attempts to hold unauthorized rallies in MoscowRussian Politics & Diplomacy April 27, 16:43
Russian Foreign Ministry says situation on Korean Peninsula is degradingRussian Politics & Diplomacy April 27, 16:42
ST. PETERSBURG, June 16. /TASS/. Russia’s Industry and Trade Ministry welcomes the decision of the Central Bank to cut the key interest rate and expects its further reduction, Minister Denis Manturos said on the sidelines of the St. Petersburg International Economic Forum (SPIEF-2016) on Thursday.
"Any (rate - TASS) reduction will be positive for the industry and economy on the whole. We welcome this decision and will be expecting the trend (of the rate’s reduction - TASS) to persist further on," he said.
According to Manturov, the regulator has been pursuing the right policy since the ruble’s sharp devaluation. "We’ve tried to support our enterprises and will continue doing so regarding subsidies to compensate interest rates and implementation of projects through the Industry Development Fund," he said.