Moscow abandons bail-outs for bank aid / Putin signs off second wave of bank bail-outs

Awdur (Person) ,
Teitl y Gyfres
Manylion y Gyfres 5.2.09
Dyddiad Cyhoeddi 05/02/2009
Math o Gynnwys

Article reports that Russia signalled a change in its policies to fight the financial crisis on the 4 February 2009, indicating that it would switch from bailing out individual companies to supporting the economy through the banking sector.

Moscow also plans huge budget cuts in an attempt to limit its fiscal deficit – rejecting pressure to follow the US and other western countries to try to stimulate the economy with a big boost in public borrowing.

Dolenni Cysylltiedig
Russia Today, 5.2.09: Russian Government provides more funds for banks http://rt.com/news/

Gwledydd / Rhanbarthau