MOSCOW, Jul 28 (PRIME)
Econ ministry: Russia’s GDP falls 4.2% on year in JuneMOSCOW, Jul 28 (PRIME) -- Russia’s gross domestic product (GDP) fell 4.2% on the year in June compared to a 4.9% contraction in May, the Economic Development Ministry said in a report Tuesday.
Economy Minister: Russia’s economy may fall 2.6–2.8% in 2015
BREST, Belarus, Jul 27 (PRIME)Russia’s gross domestic product (GDP) will contract 2.6–2.8% in 2015 after falling 3.4% in January–June, but the situation is better than expected at the start of the year, Economic Development Minister Alexei Ulyukayev said at a meeting with Belarus’ Economy Ministry on Monday.
Minister: EU urges Russia to talk on gas supplies to Ukraine Aug
MOSCOW, Jul 28 (PRIME)The Russian government is considering an E.U. proposal to discuss conditions of further gas supplies to Ukraine in August, while Moscow’s position is that it is unreasonable to negotiate the supplies before September, Energy Minister Alexander Novak told reporters Tuesday.
Exec says Russia’s Rostec still interested in Udokan field
MOSCOW, Jul 22 (PRIME)Industrial corporation Rostec is still interested in joining the development of Russia’s largest copper field Udokan, Roman Deniskin, head of Rostec’s strategy department, told reporters Wednesday.
FOCUS: Russia’s VKontakte slaps Instagram with own photo app Snapster
MOSCOW, Jul 27 (PRIME)Russian social network VKontakte, owned by Internet giant Mail.Ru Group, has launched its own photo service, called Snapster, to compete with Facebook’s Instagram. The network wants to take advantage of its wide audience and segment the local market via its new service, whose creation did not cost much, analysts said.