Belarus Orders Companies to Sell Foreign Currency
Belarusian President Alexander Lukashenko signed an order requiring more companies to convert foreign-currency revenue into rubles, Interfax reported today, citing a statement from the president’s press service.
Russia takes Bulgaria to court over delayed nuclear plant
Russia is trying new tactics by taking Bulgaria to court in a bid to speed up construction of the Belene nuclear power plant, the first in the EU that is fully reliant on Russian technology. Dnevnik, EurActiv's partner in Bulgaria
Russian company offers to invest in power sector
Russian company M/s INTER RAO UES, Has expressed its interest to invest in the small hydropower, coal power generation projects and to develop transmission lines in Pakistan. A delegation of the company led by Maxim Sergeev, called on Minister for Water and Power, Syed Naveed Qamar on Wednesday to discuss the investment opportunities in the power sector in Pakistan.
Iran cautiously welcomes Russia's nuclear plan
Iranian President Mahmoud Ahmadinejad has cautiously welcomed a Russian proposal for bringing Iran back to talks over its nuclear program.
Ukrainian Prime Minister Urges Foreign Debt Restrictions
Ukrainian Prime Minister Nikolai Azarov called on Wednesday for significant restrictions of Ukraine's foreign debt level amid current economic instability.
Ukraine upgrades gas pipes - Russia pushes Nord and South Stream
Ukraine began updating its Soviet-era gas transportation system, with the first stage being the reconstruction of the Urengoi-Pomary-Uzhgorod main pipeline from Russia. At the ceremony, which took place near Bohuslav in the Kiev region, Ukrainian Prime Minister Mykola Azarov said that most parts of the natural gas delivered from Russia to Europe goes through Ukraine and that there was a chance for the transit country to offer gas-pipeline advantages to its Russian and European partners.
Belarus Adopts Soviet Labor Tactics to Fix Financial Crisis
Belarus faces a desperate financial situation that is only likely to get worse. President Alexander Lukashenko thinks he knows why: his people don't work hard enough. He's using some old-fashioned ways of fixing that.
Germany wants Gazprom to partially cover increased gas consumption
Hannover, July 19 (Interfax) - Germany's decision to phase out nuclear power means that the country will consume more gas, but it will not rely on Gazprom to supply the entire increase, German Chancellor Angela Merkel said at a session of the Russian-German St. Petersburg dialog in Hanover.
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