On average, we expect the ruble's appreciation to slow down by more than two times next year.
More Quotes from German Gref:
We were happy to hear that Volkswagen has made a final decision to start investment in Russia.German Gref
The key goal ... in 2006 is to end bilateral negotiations on Russia's accession to the World Trade Organization with the United States and also to sign bilateral protocols with Australia, Switzerland and Columbia.
German Gref
Inflation totaled about 4 over the two months, which was largely due to the Artic temperatures, and surge in consumer demand for salt.
German Gref
Given global oil prices of 20 per barrel, lost budget revenues would amount to 900 million, and this, along with a possible deterioration of the international business environment and growing budget spending, could lead to budget deficit. In this case, the Stabilization Fund could cover country's expenditures for about two or two and a half years.
German Gref
Foreign and Russian companies should have equal conditions of competition. If a foreign bank or insurance company wants to work on the Russian market, it can establish a subsidiary here. This entails higher standards of operation but equal conditions for all market players.
German Gref
The geography of these projects varies from mechanical engineering to the high-tech sphere and chemical industry.
German Gref
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