May 21, 2009 / 7:14 AM / 10 years ago

PRESS DIGEST - Russia - May 21

MOSCOW, May 21 (Reuters) - The following are some of the leading stories in Russia’s newspapers on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.


- Russia’s largest lender Sberbank SBER03.MM yesterday admitted it may post a loss this year, the daily reports.

- The daily publishes an interview with EU External Relations Commissioner Benita Ferrero-Waldner on Russia-EU relations.

- The value of a government bailout for Russia’s KIT Finance investment bank may reach 135 billion roubles ($4.25 billion), the paper reports.

- Muslim women’s organisations in Russia’s Tatarstan region have demanded that a rock festival due to take place near the Kazan Kremlin be relocated, as it offends local Muslims, the paper writes.


- Norilsk Nickel’s (GMKN.MM) board will on Thursday approve the sale of 4 percent of treasury shares to two subsidiaries at market price, the daily reports, citing sources close to the world’s largest nickel miner.

- The delay in launching Russia’s first LNG plant, Sakhalin-2 has cost the country more than $1.24 billion, the paper says.

- Russia’s Industry and Trade Ministry has proposed the expansion of a programme of government subsidies for car loans that would increase the maximum value of eligible vehicles to 600,000 roubles ($18,870) from 350,000 roubles ($11,010).

- Capital outflow from Russia fell to $2 billion in April, the lowest rate since last August, the daily writes.

- In 2008 Russian state arms exporter Rosoboronexport secured $9.4 billion in contracts for weapons deliveries, down from $11 billion in 2007, the paper reports, citing sources.


- Russia’s President Dmitry Medvedev is to meet three opposition parties not represented in parliament for the first time to discuss political reform, the daily writes.


- The post of police general in Moscow can be bought for one million roubles ($31,450), the paper quotes a police union leader as saying.

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