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. Last Updated: 07/27/2016

Daily Set To End Its Silence

Nezavisimaya Gazeta, Russia's first independent daily, is soon to end a silence that, with one interruption, has lasted more than two months, Interfax has reported.


The paper's editor in chief, Vitaly Tretyakov, said Sunday that his newspaper was about to receive a credit from an unidentified Russian commercial bank and was soon to appear once again.


The paper announced its closure May 24 because of financial difficulties.


Previously, Tretyakov had reportedly rejected help from Vladimir Gusinsky, president of MOST-Bank, which funds the daily Segodnya newspaper. Many of Nezavisimaya Gazeta's reporters left the paper to found Segodnya in late 1992.


In an appeal printed in the May 24 edition, Tretyakov said he hoped to resume publication by Sept. 1, if the necessary funds could be raised. He said the paper needed about $10 million. Later that day he told Itar-Tass that the response to his plea had been so good that he expected the paper to be back in full swing after a month.


In late June, Nezavisimaya Gazeta put out a special edition, appealing for $4 million in a new share launch.


According to Interfax, Tretyakov said several individuals had placed their money in a deposit account to buy shares of a future joint-stock company to support the newspaper.


Both the government and the Gorbachev Foundation promised to help the paper following its suspension.


Interfax said Nezavisimaya Gazeta employees had continued to receive their basic salaries and none had left the paper because of the financial difficulties.


Tretyakov told the agency that he hoped to maintain the paper's circulation of 56,000.