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Gazprom decides not to hurry with the payment of $2.56 billion to Ukraine's Naftogaz
Russian Gazprom is in no hurry to pay Ukrainian Naftogaz the $2.56 billion ordered by the court because they have no guarantee that the money will be returned if the decision of the Stockholm arbitration is cancelled,s reported TASS with reference to Gazprom's Deputy Head, Sergey Kuznets.
"We believe that we just need to go a little slower. We need to get to the bottom of this affair. Let's finally put this matter to rest: who owes to whom," he noted.
According to Kuznets, the Russian company …
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Prime Minister of Italy wants Russia to return to G8
Italian Prime Minister Giuseppe Conte supported the proposal of the President of the USA, Donald Trump regarding the necessity of Russia’s return to the Group of Eight.
“I agree with the US President, Donald Trump. Russia should return to the Group of Eight. It is in everyone’s interest”, — Italian Prime Minister wrote on his Twitter.
During the Summit of the Group of Eight in Canada, the US President spoke in support of restoring Russian in the Group of Eight.
Earlier, during his speech at …
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Russia’s Central Bank predicts sanctions and stagnation
Over the next three years, the rate of economic growth in Russia will be half of the world average, and sanctions from western countries will persist, restricting the flow of foreign capital, without which it will be necessary to rely solely on internal resources.These were Russia’s Central Bank’s (CB) assumptions in the projection of the “Primary areas of development of the financial market” until 2020.
No significant acceleration of the Russian economy is foreseen. The CB predicts that the …
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NATO Secretary General insists on maintaining sanctions against Russia
NATO Secretary General Jens Stoltenberg stated at a press-conference in Brussels on Thursday that the Alliance does not want the isolation of Russia and wishes for relations with the country to become better; however, NATO does support the sanctions policy currently levied against the Russian Federation.
“The Alliance supports what we call a double approach,” Interfax-Ukraine cites Stoltenberg saying. “Namely: deterrence and defense, but also dialogue. Since Russia is our neighbor, and it will …
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Naftogaz invites Gazprom for transit talks
Naftogaz Ukraine (NAK) has suggested that Russian Gazprom should negotiate terms for the future transit of Russian gas to the EU in a trilateral format organized by the European Commission, reported Interfax-Ukraine, citing NAK’s press service.
"We suggest that Mr. Miller discuss this issue at the talks initiated by the European Commission," the message said.
Earlier, Gazprom Deputy Chairman Alexander Medvedev said that he did not understand who on the Ukrainian side was in charge of …