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Blog entry by Barry Gregson

6 22702

6 22702

PRESS DIGEST - Russia - Dec 15

By Reuters

Published: 09:40 BST, 15 December 2014 | Updated: 09:40 BST, 15 December 2014


MOSCOW, Dec 15 (Reuters) - The following are some stories in Russia's newspapers on Monday. Reuters has not verified these stories and does not vouch for their accuracy.



- The government will cut budget spending by 10 percent in 2015.

- The head of the Federal Property Agency Olga Dergunova doubts that it will be possible to sell any big assets of state property in the next three years.

- Russian independent gas producer Novatek is likely to receive 150 billion roubles ($2.56 billion) from the National Wealth Fund for its Yamal LNG project by January, according to the Economics Ministry.



- Russia's arms sales are higher than the figures made public by the Stockholm International Peace Research Institute, the daily says citing Russia's military. SIPRI experts have said that Russia was the only country in 2013 to raise its arms exports by 20 percent.

- Russia's Energy Ministry is insisting on cutting state investment in some projects aimed at launching hydro-power and atomic stations after finding that forecasts for energy demand had inflated figures.

- Crimea's government is planning to set up its own mobile operator as major providers in Russia are worried over possible sanctions if they enter the market.



- Russian Prime Minister Dmitry Medvedev called on Ukraine's leadership to learn to pay their bills if they choose to live according to Western rules and suggested the most difficult period for the country is still ahead as nobody in the West is in a hurry to provide Ukraine with money. ($1 = 58.6830 roubles) (Reporting By Tatiana Ustinova)

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