| 28.11.2008 - Russia has given $12.4 bln to VEB for crisis plan |
| From LSE.co.uk: Russia has already transferred 340 billion roubles ($12.43 billion) to state bank VEB to help fund its crisis rescue plan, and new measures will be announced soon, Finance Minister Alexei Kudrin said on Thursday. VEB has been entrusted with spending 175 billion roubles from Russia's National Wealth Fund on state purchases of domestic shares and corporate bonds, and distributing a further 450 billion roubles in subordinated loans to banks..... Full Article: Source |