Emelianenko-Mitrione bout postponed due to American’s illnessSport February 19, 4:06
OSCE unable to identify perpetrators of cyber attacks against it - secretary generalWorld February 19, 4:02
Russian biathletes win gold in relay at 2017 IBU World Championships in AustriaSport February 18, 18:30
Putin signs decree on recognition of documents given to Donbass peopleRussian Politics & Diplomacy February 18, 17:26
Sberbank CEO says no repeat of crisis in the short termBusiness & Economy February 18, 17:24
Judging by certain statements at Munich Conference, "cold war" is still not over — LavrovRussian Politics & Diplomacy February 18, 15:19
Bout’s lawyers will challenge Court of Appeals’ decision in Supreme Court on February 21Russian Politics & Diplomacy February 18, 7:16
Turkish Minister reproaches NATO for not fulfilling obligations on its south-eastern flankWorld February 18, 7:12
Moody's upgrades outlook on Russia’s sovereign rating to stable from negativeBusiness & Economy February 18, 2:37
MOSCOW, January 22. /TASS/. The Russian government is considering various measures to cut costs of stadium construction for the 2018 World Cup following ruble devaluation and mounting inflation.
This decision was made at a Tuesday meeting chaired by First Vice Premier Igor Shuvalov, who leads the coordination council for the World Cup preparations.
An opportunity of alterations in stadiums (with replacement of a portion of fixed seats by temporary ones), abolishment of a mandatory bank guarantee, actual inflation amendment in government contracts for calculation of future prices, and zero tax duties on imported construction materials were among the discussed measures.
A total of 300 billion rubles (over $4.5 billion) will be allocated for the construction and refurbishment of stadiums. Russia will host the World Soccer Cup from June 14 to July 15, 2018. Twelve stadiums will be built and renovated in Russian cities for the tournament.