http://eng.tpp-inform.ru/ Site News ru http://eng.tpp-inform.ru/news/2162.html http://eng.tpp-inform.ru/news/2162.html <p> <span style="font-family: Arial; font-size: 11.5pt; ">Talks between Greece and the troika of international creditors have entered a crucial stage after Deutsche Bank CEO Josef Akermann arrived in Athens on Sunday.</span></p> <p> Talks between Greece and the troika of international creditors (the European Commission, the European Central Bank and the International Monetary Fund) have entered a crucial stage after Deutsche Bank CEO Josef Akermann arrived in Athens on Sunday.</p> <p> Analysts expect a major debt restructuring deal that may cover up to 70% of Greece&rsquo;s 360-billion-euro debt.</p> <p> Greek Finance Minister Evangelos Venizelos hopes an agreement can be reached as early as this evening.</p> <p> Things are being complicated by political tension in Greece.</p> <p> This week, the debt talks stalled after the leaders of major parties protested the austerity policy, fearing voter distrust ahead of the April parliamentary election.</p> <p> (RIAN)</p> Mon, 06 Feb 2012 07:05:00 +0400 http://eng.tpp-inform.ru/news/2161.html http://eng.tpp-inform.ru/news/2161.html <p> <span style="font-family: Arial; font-size: 11.5pt; ">Deutsche Bank`s head, Josef Ackermann, is arriving in Athens on Sunday to join the talks with private investors over a bailout deal, local media reports say.</span></p> <p> Deutsche Bank`s head, Josef Ackermann, is arriving in Athens on Sunday to join the talks with private investors over a bailout deal, local media reports say.</p> <p> Experts believe that Mr. Ackermann`s participation in the talks means that Europe is facing a &lsquo;make or break&rsquo; moment.</p> <p> Evangelos Venizelos, Greece&rsquo;s finance minister, said Saturday that Athens had 24 hours to come up with a solution that would enable the payout of a 130-billion-euro package of emergency loans.</p> <p> Greece needs the money to avoid defaulting on existing debts. The country faces bankruptcy if it misses a bond repayment for 14.5 billion euros due on March 20.</p> <p> (RIAN, AFP, Reuters)</p> Mon, 06 Feb 2012 07:04:00 +0400 http://eng.tpp-inform.ru/news/2160.html http://eng.tpp-inform.ru/news/2160.html <p> <span lang="EN-US" style="font-size: 11.5pt; font-family: Arial; ">An explosive device has blown up on a section of Egyptian gas pipeline through which oil is exported to Israel and Jordan. </span></p> <p> An explosive device has blown up on a section of Egyptian gas pipeline through which oil is exported to Israel and Jordan. The act of sabotage took place near the town of El Arish in northern Sinai.</p> <p> The blast started a large fire, with flames at over 30 meters high. Counting this incident, altogether 12 attacks have targeted export gas pipelines in northern Sinai this year. Egyptian authorities are accusing the extremist groups at large on the peninsula, which are likely to have "al-Qaeda&rdquo; militants in their ranks.</p> <p> The section blown up today has already twice been the target of militants.</p> <p> (TASS)</p> Mon, 06 Feb 2012 07:03:00 +0400 http://eng.tpp-inform.ru/news/2159.html http://eng.tpp-inform.ru/news/2159.html <p> <span lang="EN-US" style="font-size: 11.5pt; font-family: Arial; ">Talks between the Greek government and the banks on writing off part of the country’s debt have entered the decisive stage. </span></p> <p> Talks between the Greek government and the banks on writing off part of the country’s debt have entered the decisive stage. A deal must be reached in the bailout negotiations today, otherwise a default threatens the country, said representatives of the business world.</p> <p> The Greek government faces a 14.5 billion euro bond payment on March 20th. If within 24 hours Athens does not reach an agreement on a debt swap with the banks, the country simply won’t have time to receive the necessary financial assistance from the European Union.</p> <p> (TASS)</p> Mon, 06 Feb 2012 07:02:00 +0400 http://eng.tpp-inform.ru/news/2158.html http://eng.tpp-inform.ru/news/2158.html <p> <span lang="EN-US" style="font-size: 11.5pt; font-family: Arial; ">Gaszprom has increased its gas output by 20-30%.</span></p> <p> Gaszprom has increased its gas output by 20-30%, deputy chairman of the Gazprom board of directors Andrey Kruglov reported during his meeting with Russian Prime Minister Vladimir Putin.</p> <p> Kruglov said that currently the output amounts to as much as   1.6bn cubic metres of gas a day, which is 300-400mln higher compared with last year.  Another 630mln cubic metres a day are being taken from underground storages</p> <p> “We are meeting all consumer demand, including that of foreign customers,” Kruglov assured.</p> <p> In an answer to the prime minister’s question about gas deliveries to Ukraine, Kruglov said that last week, Kiev had bought 170mln cubic metres a day instead of the 135mln stipulated by the contract, which exceeded the initially contracted amount. The prime minister still insisted that Ukraine’s gas needs have to be fully met.</p> <p> TASS, RIAN</p> Mon, 06 Feb 2012 07:01:00 +0400 http://eng.tpp-inform.ru/news/2157.html http://eng.tpp-inform.ru/news/2157.html <p> <span style="font-family: Arial; font-size: 11.5pt; ">Russian Prime Minister Vladimir Putin has told Gazprom to supply sufficient amounts of gas to Europe.</span></p> <p> Russian Prime Minister Vladimir Putin has told Gazprom to supply sufficient amounts of gas to Europe.</p> <p> Gazprom has admitted that it provisionally reduced gas exports to Europe a few days ago, but the situation has since got back to normal.</p> <p> But Russia will be unable to currently supply the additional amount of gas that the West-European partners have asked for.</p> <p> According to Putin, Russian fuel producers should now concentrate on meeting the country&rsquo;s internal needs.    </p> <p> (VoR)</p> Mon, 06 Feb 2012 07:00:00 +0400 http://eng.tpp-inform.ru/news/2156.html http://eng.tpp-inform.ru/news/2156.html <p> <span style="font-family: Arial; font-size: 11.5pt; ">Despite severe frosts </span><st1:country-region style="font-family: Arial; font-size: 11.5pt; " w:st="on">Russia</st1:country-region><span style="font-family: Arial; font-size: 11.5pt; "> is supplying natural gas to </span><st1:place style="font-family: Arial; font-size: 11.5pt; " w:st="on"><st1:country-region w:st="on">Poland</st1:country-region></st1:place><span style="font-family: Arial; font-size: 11.5pt; "> in compliance with the agreements, the Gaz System pipeline operator reported.</span></p> <p> Despite severe frosts Russia is supplying natural gas to Poland in compliance with the agreements, the Gaz System pipeline operator reported.</p> <p> The operator also said that the Polish state concern PGNiG had contacted Gaz System asking to increase gas supplies from underground storage in Mogilno to meet the growing demands which now exceed 70 million cubic meters a day.</p> <p> This is caused by unusually cold weather in Poland.</p> <p> At the same time gas supplies to a number of industrial facilities have been restricted. Russia accounts for most of Poland&rsquo;s natural gas imports.  </p> <p> (RIAN)</p> Fri, 03 Feb 2012 07:05:00 +0400 http://eng.tpp-inform.ru/news/2155.html http://eng.tpp-inform.ru/news/2155.html <p> <span lang="EN-US" style="font-size: 11.5pt; font-family: Arial; ">Facebook, the world&rsquo;s largest social network of 845 million users, has filed papers for its first Initial Public Offering. </span></p> <p> Facebook, the world&rsquo;s largest social network of 845 million users, has filed papers for its first Initial Public Offering in what may become the biggest ever high-tech IPO on the American stock market. Founded by its current CEO Mark Zuckerberg in 2004, Facebook is hoping to raise $5 billion in its IPO this spring. In 2011, the company earned around $3.7 billion and posted a net profit of $1 billion.</p> <p> (TASS, IF)</p> Fri, 03 Feb 2012 07:04:00 +0400 http://eng.tpp-inform.ru/news/2154.html http://eng.tpp-inform.ru/news/2154.html <p> <span lang="EN-US" style="font-size: 11.5pt; font-family: Arial; ">According to German Gref,  Head of Sberbank, the bank has ended up being the first Russian bank to become a foreign emitent, issuing $1,5 billion Eurobonds. </span></p> <p> According to German Gref,  Head of Sberbank, the bank has ended up being the first Russian bank to become a foreign emitent, issuing $1,5 billion Eurobonds. Earlier it was reported to have issued $1 billion with an annual interest of 4,95 %.</p> <p> RIA</p> Fri, 03 Feb 2012 07:03:00 +0400 http://eng.tpp-inform.ru/news/2153.html http://eng.tpp-inform.ru/news/2153.html <p> <span lang="EN-US" style="font-size: 11.5pt; font-family: Arial; ">Net income of the biggest German bank Deutsche Bank has increased by 87 %, gaining 4,3 billion dollars.</span></p> <p> Net income of the biggest German bank Deutsche Bank has increased by 87 %, gaining 4,3 billion dollars. The figures were generated on revenues of 33,2 billion dollars, which is 16 % more than in the year 2010, when the net income made up only 2,3 billion dollars. </p> <p> RIA Novosti</p> Fri, 03 Feb 2012 07:02:00 +0400