Sergey Storchak

Russia refuses to place Eurobonds

Russia refuses to place Eurobonds

Russia's Finance Ministry sees no particular need to issue Eurobonds this year, Deputy Russian Finance Minister Sergei Storchak said. The Finance Ministry plans to focus on the domestic debt market, he noted, describing …

Will Russia refuse placing eurobonds?

Will Russia refuse placing eurobonds?

Russian Deputy Finance Minister Sergei Storchak said on the sidelines of the International Monetary Fund (IMF) and World Bank meeting that Russia may refuse to enter the external borrowings market, noting that it's an …

Russia to pay off last Soviet debt

Russia to pay off last Soviet debt

Russia will pay off an outstanding foreign debt of the Soviet Union in full by transferring $125.2 million to Bosnia and Herzegovina, the Russian Deputy Finance Minister Sergei Storchak said. "Bosnia and …

 Russia to decide on credit provision for Iran this week

Russia to decide on credit provision for Iran this week

The decision on providing loans to Iran for implementation of two projects - railroad and electric power - will be made by the Russian government this week, the Russian Deputy Finance Minister Sergey Storchak said. …

 Storchak: Reserve Fund may be depleted in next year

Storchak: Reserve Fund may be depleted in next year

Russia’s Reserve Fund may be depleted in 2017, the Russian Deputy Finance Minister Sergey Storchak said. "Yes, it is possible," he said when asked whether the Reserve Fund may be depleted next year. …

Russia’s loans to Iran to total 2.5 billion euros

Russia’s loans to Iran to total 2.5 billion euros

The total amount of Russia’s two loans to Iran will be about 2.5 billion euros, Russian Deputy Finance Minister Sergey Storchak said. "The total sum of two loans is about 2.5 billion euros. The first one is …

Kiev sends response to court against Russia's claim

Kiev sends response to court against Russia's claim

Ukraine has sent a reply to the High Court of London against Russia's claim. "Today Ukraine has submitted a confirmation to the High Court of England about a receipt of procedural documents, declaring about its intention to …

Deputy Economy Minister of Iran to visit Moscow

Deputy Economy Minister of Iran to visit Moscow

Today, Iran's Ambassador to Moscow Mehdi Sanai announced that on Monday, February 8th, the Deputy Minister of Economy of the country will visit Russia. The purpose of the visit is negotiations with the Ministry of Finance and …

Every fifth Russian masters financial literacy

Every fifth Russian masters financial literacy

‘‘Every fifth participant of the project of the Russian Ministry of Finance, aimed at improving financial literacy, has managed to pass an appropriate examination with an excellent mark,’’ Deputy ...