Economy of Russia
The final Comecon council session takes place June 28, 1991 in Budapest, and led to an agreement to disband within 90 days
Russia · Government / Government of Russia. Chronological records from PostgreSQL.
The final Comecon council session takes place June 28, 1991 in Budapest, and led to an agreement to disband within 90 days
Soviet President Mikhail Gorbachev makes a personal appeal for Western aid at the conclusion of the Group of Seven economic summit in London
Gorbachev urges Communist leaders at a Central Committee meeting to reject "outdated ideological dogmas" and embrace a market economy
Chubais privatisation plan is a necessary evil because it enables Russia to finally cut the Gordian Knot and break with the legacy of the Soviet command model of economy
Chubais privatisation plan is a necessary evil because it enables Russia to finally cut the Gordian Knot and break with the legacy of the Soviet command model of economy. Chubais oversees the biggest sell-off of state assets in history
In the midst of Russias worst post-Soviet currency crisis, Yeltsin fires Kiriyenko and re-nominates Chernomyrdin Prime Minister
Putin announces a 20% increase in pensions ahead of the Mar 26 elections
The Government announces that it will raise the minimum price for a bottle of vodka by 30% at the end of the month
Russias food supply is threatened with a virulent strain of potato blight and livestock feed shortages were forecast
Putin abolishes the chief agency for environmental protection and transferred its powers to a ministry that hands out oil and gas leases
Putin unveils a new plan to revive the economy that includes a flat 13% income tax
Putin makes his first state of the nation address and calls for increased power to the central Government to overcome a bleak diagnosis of the countrys ills
A study by Bank of Finlands Institute for Economies in Transition (BOFIT) found that state intervention had made a positive impact on the corporate governance of many companies in Russia.
Putin and former German Chancellor Gerhard Schroder negotiate the construction of a major gas pipeline over the Baltic exclusively between Russia and Germany.
The National Priority Projects were launched to improve Russias health care, education, housing and agriculture.
The governance was better in companies with state control or with a stake held by the Government.
Anna Politkovskaya, a journalist who exposed corruption in the Russian army and its conduct in Chechnya, was shot in the lobby of her apartment building, the death of Politkovskaya triggered an outcry in Western media, with accusations that Putin had failed to protect the countrys new independent media
The Great Recession hit the Russian economy especially hard, interrupting the flow of cheap Western credit and investments which coincided with tension in relationships with the EU and the US following the 2008 South Ossetia war, in which Russia invaded neighboring Georgia populated by less than 5 million people
Large reserves accumulated in Russia's Stabilization Fund during high oil prices, together with strong management, helped the country withstand the crisis and resume growth by mid-2009.
The World Bank praised the government's anti-crisis measures in its November 2008 Russia Economic Report.
The report said prudent fiscal management and substantial reserves had protected Russia from deeper consequences of the external shock.
On his first day as President, Putin issued 14 Presidential decrees, which are sometimes called the "May Decrees" by the media, including a lengthy one stating wide-ranging goals for the Russian economy
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