Today in Russian Business – May 24, 2012

Bloomberg describes how the Greek exit from the euro could send Russia into a financial quagmire.  Russia’s economy would apparently shrink 2.1% in a worst-case scenario, with as much as $95 billion in capital leaving the country in the event of the ‘Grexit’, says the chief economist at Sberbank.  President Putin has ordered the government to approve a plan to sell state assets in 2013-2015 in the holding Rosneftegaz, which manages stakes in Gazprom and Rosneft, possibly paving the way for further privatizations.  Prime Minister Medvedev believes that Russia should reduce its dependency on meat imports.