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The Political And Economic Results Of June 2015

Author

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  • Sergey Zhavoronkov

    (Gaidar Institute for Economic Policy)

Abstract

In June 2015, the EU states extended for another six months the economic sanctions introduced against Russia, as before linking this issue to the fulfi llment of the Minsk agreements. At the St Petersburg International Economic Forum held this month, several deals were concluded, the biggest among them being the sale, by Rosneft to BP, of a 20% stake in an East Siberian oil producer company; however, the negotiations on another deal in the natural gas sector – the construction of a second pipeline to Germany, the second Russian-Chinese pipeline for gas deliveries via the Western route, or a pipeline to Greece – are still in the phase of memorandums of intentions. The decision on moving the parliamentary election from December to September 2016 was approved in fi rst reading; Alexei Kudrin’s initiative that it should be timed with the presidential election was supported neither by the RF President’s Executive Offi ce nor the parliament.

Suggested Citation

  • Sergey Zhavoronkov, 2015. "The Political And Economic Results Of June 2015," Russian Economic Development, Gaidar Institute for Economic Policy, issue 7, pages 2-5, July.
    • Handle: RePEc:gai:recdev:546
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    More about this item

    Keywords

    : THE POLITICAL AND ECONOMIC RESULTS;

    JEL classification:

    • K0 - Law and Economics - - General
    • K1 - Law and Economics - - Basic Areas of Law
    • K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions

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