PRESS DIGEST - Russia - Feb 27

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


- Power to allow foreign investors to buy Russian companies will no longer belong to the Federal Security Service but be transfered to the Prime Minister in the nearest future. The amendment is to be approved by President Vladimir Putin, writes the paper.


- Russia's natural gas monopoly Gazprom GAZP.MM will reduce shipments of gas to Ukraine next week unless Kiev signs documents on paying its debt and authorizing gas delivery.

- French carmaker Renault RENA.PA will sign an agreement to buy 25 percent of Russia's biggest automaker AvtoVAZ AVAZ.MM.


- The Federal Antimonopoly Service is due to abandon its requirement that loan applicants purchase life insurance when taking out bank loans, the paper says.


- Russian multi-millionaire and Kremlin critic Boris Berezovsky plans to fly to Georgia for the funeral of his business partner Badri Patarkatsishvili, despite a Russian warrant for his arrest.

RBK Daily

- Russian energy majors Gazprom GAZP.MM and SUEK have agreed on the main terms for merging their power and coal assets into a holding company.


- The daily has published an interview with the Minister of Economic Development and Trade Elvira Nabiullina on current and future changes in the ministry.


- Citizens of Russia’s Ulyanovsky region will be paid out a reward for providing information about production or selling unlicensed or homemade alcohol, the paper reports citing the regional governor as saying.