(Photo Credit: Sergei Karpukhin/Reuters)
By CBC News
Russia will create a multi-billion dollar anti-crisis fund in 2015 of money destined for the Pension Fund and some left over in this year’s budget to help companies hit by sanctions, Finance Minister Anton Siluanov was quoted as saying on Monday.
Several waves of Western sanctions against Moscow for its involvement in the Ukraine crisis have limited access to foreign capital for Russia’s largest banks and key oil companies.