President Dmitry Medvedev, speaking at the European and Asian media forum, said funds had been allocated so that Russia could switch to digital broadcasting
by 2015. A presidential aide has insisted that mortgage lending will not be restored
to its pre-crisis levels in the coming year. Avtovaz’s November car sales figures were 6,000 cars below
the monthly average. Will the crisis ever end? ‘No sooner had the government announced that the decline in manufacturing had ended than it resumed its decline,
‘ writes this Moscow Times reporter
. ‘Russia cannot out-perform without a benign global backdrop, and this is the largest risk for the country. This year’s recovery in asset prices is tied directly to monetary policy in the West.
‘ writes another
. Is Russia ‘dumping‘ steel products
into the Chinese market?