Moscow fights job losses with $1bn aid plan

Article reports that the Russian Prime Minister Vladimir Putin announced more than $1bn in state support for Russia’s embattled car industry on the 30 March 2009 in an effort to stave off job losses and prevent social unrest.

Article also reports on the World Bank's 'Russian Economic Report', No.18, March 2009.

Wikipedia: AvtoVAZ http://en.wikipedia.org/wiki/AvtoVAZ

World Bank: Russian Economic Report, March 2009 http://siteresources.worldbank.org/INTRUSSIANFEDERATION/Resources/rer18eng.pdf

BBC News, 30.3.09: Putin hints at Lada-owner rescue http://news.bbc.co.uk/1/hi/business/7972576.stm

France24, 30.3.09: Economy to contract 4.5% in 2009 http://www.france24.com/en/20090330-russia-economy-decline-world-bank-oil-commodities

Russia Today, 30.3.09: World Bank says Russian GDP to shrink by 4.5% this year http://rt.com/news/

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