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. Last Updated: 07/27/2016

05/20/2011

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Internet Economy Set for 30% Per Year Boom

The Internet economy will see “rapid future growth” in Russia between now and 2015, suggests a newly released report commissioned by Google and prepared by the Boston Consulting Group. But rapid growth is not guaranteed.

Austria Backs Eased Visa Rules

Austria on Thursday became the latest European country to agree to ease its visa policy with Russia, with Austrian President Heinz Fischer saying Vienna should adopt the most liberal policy possible under the Schengen agreement.

Heating Reform Could Be Postponed

Russia’s heating systems face collapse unless a new system of regulation is introduced to encourage investors and allow them to raise tariffs, leading figures in the industry told The Moscow Times.

German Corruption Deterrent a Slow Go

Marking the first anniversary of an anti-corruption drive put together by big German firms operating in Russia and signed by up to 100 companies, the head of the organization leading the Compliance Initiative said the pace of change has been slow.

Flying Overseas to Find a Decent Leg

Six-year-old bespectacled Sveta was excited about seeing Disneyland on her first trip to the United States. Only the trip was not a vacation. Sveta was to receive a new left leg.

Luzhniki Closure Dismays Traders

Moscow's army of the unemployed may grow by 10,000 this summer, when the vast outdoor market at the Luzhniki sports complex is closed by City Hall, the new owner of the premises.

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