Montenegro will provide financial aid to ailing aluminium producer KAP, under several conditions, the government said. Early in January, KAP had said it would suspend production by February without government’s support, due to severe losses from high production costs and falling metal prices on the international crisis. Local media later …

MOSCOW – Russia’s budget expenditures could grow by 600 billion rubles ($17 billion) to 9.6 trillion ($275 billion) this year, First Deputy Prime Minister Igor Shuvalov said on Friday. He added it was only a preliminary figure and that it would be confirmed following a Cabinet session. The official said …

MOSCOW -Russian President Dmitry Medvedev said Friday he was happy to have the government’s economic policies criticized, while telling regional deputies to be “extremely” attentive to social problems. In comments that contrasted with the tough image of his predecessor, Prime Minister Vladimir Putin, Medvedev stressed the need for open debate …