In early March, at Congress Trading-industrial chamber of the Russian Federation President Vladimir Putin made a landmark statement: “there is No other way, except for the securities issue: Central Bank needs to print money, essentially”. This means that the last word of the liberal officials in the ministries, continuing the …
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The story associated with prohibition of paper money, is gaining momentum. Recently discussed only the possibility of development of this situation, but last week two of the specific banknotes were criticized. On Monday, the head of the European Central Bank’s Benoit coeure said that the arguments in favour of the …
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The Commission for illegal cashing in of money in Russia has increased from 2-3% to 15% of the amount. This was stated to journalists by the Chairman of the Bank of Russia Dmitry Skobelkin. According to him, cash now becoming a commodity. According to estimates of the Central Bank, the …
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