Entrepreneurs will enjoy preferential loans and be inspected less often.
Prime Minister Vladimir Putin has announced government-approved measures to support small and medium enterprises. The Government has approved tax breaks for SMEs, including a doubling (to 60 million roubles) of the annual turnover that makes an enterprise eligible for a simplified taxation scheme. More serious breaks have been turned down, and by 2012 the Government will be ready to consider lifting all the tax breaks.
President Dmitry Medvedev has ordered an audit of supervisory bodies so that their corrupt officials who try to fleece small businesses could be slapped on the wrists. Prime Minister Vladimir Putin yesterday attended the national forum on the development of small and medium-sized business and promised tax breaks to its participants.
When will government assistance to banks reach the real sector at acceptable rates? When will they curb the appetites of top managers who enjoy government support and pay themselves hundreds of millions in bonuses? Prime Minister Vladimir Putin made his views perfectly clear at yesterday’s meeting devoted to support of the banking system.
German company Qimonda AG, one of the world’s leading memory chip producers which is now going through a bankruptcy procedure, may be bought by a Russian investor, it was announced yesterday. Russian Prime Minister Vladimir Putin expressed interest in the company during talks with the Prime Minister of Saxony, Stanislaw Tillich. The latter quoted the Russian Prime Minister as saying that he was going to order a “quick and thorough check” of the opportunities that Russian investors have with regard to Qimonda, Reuters reports.
Confidence in the national currency has been restored, the rouble has steadied and inflation has slowed down, he said. “Inflation may run at 1.1 to 1.2% in April, according to the Ministry of Economic Development forecasts.
A delegation from Saxony will visit Kaluga Region and Tatarstan.
The Lipetsk ice cream factory gives United Russia a scare.
The Russian Prime Minister Vladimir Putin yesterday cancelled his earlier planned visit to Sofia where he was to attend the summit Natural Gas for Europe: Security and Partnership. Also yesterday, ahead of the gas forum, the Kremlin unveiled Russia’s proposals on a “new legal framework of international cooperation in the energy sphere”. This may suggest that Russia does not expect anything useful to emerge from the meeting of gas suppliers and consumers: it has recently quarreled with both.
The Finnish President Tarja Halonen interviewed by Rossiiskaya Gazeta.