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Vladimir Putin

  • 31
    Vladimir Putin says excise taxes are to be reconsidered

    According to Vedomosti and RBC Daily, President Vladimir Putin has asked that the previously approved plan for excise taxes on gasoline and diesel be reconsidered. Particularly, Euro-5 gasoline and diesel excises might increase more than planned, while excise rates for Euro-4 fuels might increase ...

  • 26
    President's Speech at the SPIEF - Action plan for technological modernisation

    This morning, we have issued President's Speech at SPIEF - Action plan for technological modernisation, about President Vladimir Putin’s speech at the St Petersburg International Economic Forum 2014 last Friday. In his keynote speech, President Vladimir Putin shared his views on geopolitics, Russia-Ukraine relations, the China gas deal and related investments. The president ...

  • 11
    Putin comments on new CBR head

    Answering journalists’ questions on the next governor of the CBR, President Vladimir Putin said that he had a suggestion which was “unexpected, but you will like it.” We now see increased uncertainty over the next CBR governor: not only has the probability of a new candidate increased significantly (such a candidate must ...

  • 1
    Putin concerned about rising interest rates

    Yesterday, President Vladimir Putin held an enlarged government meeting devoted to long-term development plans up to 2018. Putin said that rising interest rates are worrisome and impede economic growth. He also suggested the abolition of the deadline for households to decide ...

  • 22
    Shuvalov says that CBR should opt for rate cut

    ... quickly as possible. Privatisation should be transparent and appealing to all possible investors. Russia is not ready to write off Cyprus’s EUR 2.5bn debt.  Shuvalov’s comments on monetary policy are eye-catching, especially given that President Vladimir Putin has to announce Ignatiev’s successor by 24 March 2013. We broadly agree with the call for easier monetary policy, but anticipate a cut of just 75bp later this year. In our view, one of the major risks for inflation in the medium term ...

  • 17
    Putin urges shift toward investment-led growth model

    President Vladimir Putin yesterday held a meeting on economic growth. His opening remarks were mostly devoted to a review of 2012 and the key challenges ahead. He rated last year’s economic performance as fair; however, he also pointed out that the good FY numbers ...

  • 10
    Key event: CBR’s monetary policy decision

    ... MinFin, 11-13 December). The CBR is to publish the external trade balance for October (12 December) and Rosstat is to release a first estimate of 3Q12 GDP breakdown by production (10-11 December) and weekly CPI (12 December). This Wednesday, President Vladimir Putin is to deliver the annual address to the Federal Assembly. This week starts with the CBR’s decision. We expect no changes in repo rates and a more dovish press release switching from inflation risks towards growth-related ones. A cut ...

  • 15
    Putin on Pension System Reform

    Yesterday, President Vladimir Putin held a meeting about the Pension System Reform. The main outcomes are as follows. Putin supported the idea of shifting 4% of contributions from the funded part to the pay- as-you-go component, but suggested postponing the implementation ...

  • 17
    Putin urges lower minimum working experience

    Yesterday, President Vladimir Putin asked ministers to consider how to reduce the minimum number of qualifying years of work from 40 to 35 years, otherwise it de facto means a higher pension age. Saying this, Putin closed a side-avenue for the government to meet his promise ...

  • 3
    Russia calling! Forum Diary - President Putin’s keynote address

    President Vladimir Putin has delivered the keynote address at the plenary session of the fourth VTB Capital Russia calling! Investment Forum, followed by a Q&A session. In his prepared remarks, the President reiterated the need radically to increase the intensity ...

  • 1
    Russia: government delivers Pension System strategy

    ... the deadline is set for the end of the year, we expect to see more debates around the pension system reform and more convincing arguments for keeping the funded part unchanged. In our view, it will be important to watch for the position of President Vladimir Putin and note that our upcoming Russia Calling investment forum might provide more clarity on this topic.

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