German VNG AG has made to reduce gas prices

Posted in Other

Drop in gas prices has made a regular customer of the Russian «Gazprom» in Europe — Verbundnetz Gas (VNG AG), one of the largest gas supplier in eastern Germany. Experts point out that lower prices are now seeking virtually all consumers, «Gazprom» in Europe, including Ukraine.
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Kolesnikov: The cost of building a mile underground in Ukraine counterpart in Dubai will be half — to $ 50 million

Posted in Personal loans

After Euro 2012, work will start on construction of underground land in Ukraine based on best practices around the world. The cost of building a kilometer underground in Ukraine counterpart in Dubai will cost half the price of this — about 50 million dollars. This was stated by Vice-Premier and Infrastructure Minister Borys Kolesnikov, the press service of the Ministry of Infrastructure of Ukraine.
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Mayor of Rome forbade mass demonstrations in the city center

Posted in CIS economies
Mayor of Rome forbade mass demonstrations in the city center

Mayor of Rome Gianni Alemanno on month banned the mass demonstrations in the city center.
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Obama, Sarkozy and Cameron discussed the situation in the euro area

Posted in Home loans
Obama, Sarkozy and Cameron discussed the situation in the euro area

Barack Obama, French President Nicolas Sarkozy and British Prime Minister David Cameron discussed the situation in the euro area, Reuters reported quoting the press service of the White House. Negotiations leaders held in two separate telephone conversations.
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Oil going up on the news from China and Europe

Posted in CIS economies
Oil going up on the news from China and Europe

World oil prices rise on Monday against the publication of preliminary data on managers' index for purchases in China, as well as the expectations of the final steps to bring the EU out of the debt crisis on Wednesday, according to the auction.
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BP this week has no plans to consider a bill on the decriminalization of economic crimes

Posted in Business loans
BP this week has no plans to consider a bill on the decriminalization of economic crimes

People's Deputies at this plenary week do not plan in accordance with the draft agenda, to consider a bill to decriminalize a number of economic crimes. This was at a briefing in parliament, said the leader of Party of Regions faction Oleksandr Efremov, reports RBC-Ukraine.
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Kaskiv: Single investment window will work in Ukraine, November 15

Posted in CIS economies

A single investment window will work in Ukraine on November 15. This was announced today during the XI International Economic Forum, said the head of the State Agency for Investments and National Projects Kaskiv, reports RBC-Ukraine.
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Preferential car loans with next year's stops

Posted in Car loans
Preferential car loans with next year's stops

Program preferential car loan is not renewed in 2012, told the deputy head of the Department of Automotive Industry of the Russian Federation Alexey Zhidyaev at a conference on avtoriteylu. The official explained the decision by the fact that cars in the country and so it sells well. Experts predict a contraction of the market, which, in their opinion, and already there are serious prerequisites for growth.

Subsidies to banks under the program of preferential car loans have become a taken by the authorities during the crisis, measures to support domestic producers. The program was financed from the budget of the Russian Federation since 2009. Its essence is that the state assumes part of the mortgage payments themselves, subsidizing two-thirds of refinancing. In practice, this means that if a bank issues a normal car loan, for example, by 15-18%, the final consumer through reduced program pays in excess of the cost of the machine only 9-10% per annum.

Originally was formed by a rather limited list of cars, which may extend credit facilities, mainly cars of the domestic production. But then the list has been significantly expanded by cars collected in the country. This was facilitated by raising the ceiling limit value of «soft» machines. At first it was set at 350 thousand rubles. And then increased to 600 thousand turned out that the program provides an opportunity for citizens to acquire a preferential loan is quite decent «iron horse», though not in the most luxurious package. Domestic consumers, for the most part are not rich, a gesture appreciated States. According to the Industry and Trade Ministry, only for the second phase of the program was issued 179.11 thousand credits, and the total number of applications reached 408.54 thousand was also pleased with the car industry — sales have risen, production began to revive after a severe crisis.

However, the band played a short time. More precisely, not as long as we would like many people, who gathered in the next year to buy or replace the car. «To date, the budget for the program's concessional lending for the year 2012 funds are not provided,» — said yesterday the deputy head of the Department of Automotive Industry of the Russian Federation Alexey Zhidyaev, adding that the Russian car market is growing and urgent need for this measure is not available. So rates on car loans next year subsidized by the budget will no longer be.

Meanwhile, in late September it was reported that the preferential car loan program in 2012 will be expanded, and the Treasury under this deal ostensibly to allocate 3 billion 253 million rubles. On this official said: The draft federal budget for next year is really laid it such amount, not to continue the program and for grants to Russian banks at discounted auto loans issued in 2009—2011.

Commenting on the decision by the authorities, head of analytical department of the agency «Autostat» Andrew Toptun said: "Abolition of preferential car loan in conjunction with the termination of the recycling program will lead to machines that sales of vehicles produced by domestic companies, will next year at current or even fall. This measure looks odd, considering that now and already there are no preconditions for the growth of the automotive market. If this year increased by 30%, then the next hardly exceed 5%. At the «AvtoVAZ» in 2012 are expected slowdown in sales. If this year has sold 50 thousand vehicles, including through recycling programs, and preferential credits, then the next is unlikely to be sold for more than 30 thousand cars.
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Medvedev for the year earned more than $ 100 thousand

Posted in Other

The Russian Central Electoral Commission has published information on the incomes of candidates to the State Duma of the «United Russia», including Russian President Dmitry Medvedev.
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The largest online coupon service reduced the IPO

Posted in Business loans

The biggest online promotional service Groupon Inc is planning to raise up to $ 540 million in an initial public offering, reducing the amount previously anticipated IPO in the background of instability in the stock markets and the withdrawal of directors, reports Reuters.
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