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Today in Russian Business – June 4, 2012

German Chancellor Angela Merkel has told President Putin that Germany is ‘doing everything possible’ to ensure the stability of the euro, after the Russian president voiced concerns about the debt crisis in the bloc, with which Russia does more than 50% of its trade.  If a special clause on employment law currently being debated in the State Duma is passed, foreigners may be able to work at the Sochi 2014 Winter Olympics.  The executive board of Polish chemicals company Azoty Tarnow explains here why it rejected a bid by Russian fertiliser maker Acron.  Port owner Summa Group will spend $1.4 billion on acquiring a stake in port and ship Fesco Group, in an attempt to challenge Suez Canal shipping.  The Moscow Times reports on how a new railway line to Vienna could be a key instrument in Russian plans to build a Eurasian ‘land bridge’ between China and Europe.