PRESS DIGEST - Russia - July 27

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MOSCOW, July 27 | Tue Jul 27, 2010 3:44am EDT

MOSCOW, July 27 (Reuters) - The following are some of the leading stories in Russia's newspapers on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy.

KOMMERSANT

www.kommersant.ru

- Russia will invest 25.1 billion roubles ($827.5 million) in developing nuclear projects in the Kurchatov institute through to 2012, the daily reports.

VEDOMOSTI

www.vedomosti.ru

- The Russian economy is recovering faster than expected and gross domestic product may rise by 4-5 percent in 2010, the paper says, citing economists.

- Russian Prime Minister Vladimir Putin has approved a programme to develop the tourism industry in Russia through to 2016, which includes the building of new hotels, the paper writes.

- Prices for dairy products will grow between 5-20 percent across Russia due to the ongoing drought caused by the heatwave, the daily says.

NEZAVISIMAYA GAZETA

www.ng.ru

- The paper publishes a list of the most powerful businessmen and investors for the second quarter of 2010, with Gazprom's (GAZP.MM) CEO Alexei Miller coming on top.

ROSSIISKAYA GAZETA

www.rg.ru

- Despite the drought Russia has enough water resources to supply people with drinking water and enough for everyday use such as bathing, the paper says, citing officials.

TRUD

www.trud.ru

- Moscow's shops have run out of air conditioners and fans as the heatwave continues, the paper reports.

(--Writing by Ludmila Danilova, Reuters Messaging: ludmila.danilova.reuters.com@reuters.net, +7 495 775 1242)) ($1=30.33 Rouble)

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