The portfolio of retail loans of Russian banks in the 1st half-year rose to 6.7 trillion. rubles.

In 2012, the domestic retail lending market could return to pre-crisis growth rates of 45-50%. These are the results of a study of rating agency "Expert RA". According to experts, in the 1st half of a portfolio of retail loans of Russian banks rose to 6.7 trillion. rubles to the end of this year will reach 7.8 trillion. rubles.
The dynamics of retail lending to individuals in the current year is 1.5-2 times higher than the results of the remaining segments of the credit market. On June 1, 2012 the share of retail loans in total loan portfolio of banks was 21% (from 19% as of January 1 this year).
Analysts point out that loan segment most affected by the crisis in 2008, faster than the others returned to pre-crisis dynamics in 50-60%. Agency experts believe that the sharp "drawdown" of retail portfolio in the case of a second "wave" of the crisis is unlikely.
First, the banks now have a wide range of refinancing of the Bank of Russia, which will support lending activity in retail with a deterioration of the situation with short-term liquidity. Second, the crisis 2008-2009, showed that the payment behavior of borrowers may remain relatively high due to state programs help.
"Drivers of market growth of retail lending in 2012 will be performing cash loans and credit cards - said Stanislav Volkov, head of credit rating institutions" Expert RA ". - It is also significant potential is concentrated in the mortgage segment, taking into account the rapid growth of housing in the region "- said the agency.

Corporation "Fusion" will attract orders for 400 million rubles

Machinery Corporation "Fusion" in the 1st half won 35 tenders, which resulted in the company of the company will receive contracts worth about 400 million rubles.

The vast majority of tenders was carried out operation and under development facilities of nuclear industry, including Smolensk, Rostov, Kalinin and Leningrad nuclear power plant, said the company.

The corporation noted that in the first half achieved good results in attracting new business - more than 75% by value of total bids.

Corporation "Fusion" makes valves for the nuclear industry and the petrochemical complex. Products Corporation uses the majority of Russian nuclear power plants and nuclear power plants in China, Bulgaria, Hungary and Lithuania.

Greece has refused to reconsider the requirements of a loan agreement with the EU

ATHENS, July 6 - RIA Novosti, Alexei Bogdanov. Greece withdraws his claim credit review of the EU and the IMF, wrote in the Financial Times on Friday citing Finance Minister Yannis Sturnarasa.
 "The program has deviated (from goals), and we can not demand anything of our creditors, until we restore it ... There is light at the end of the tunnel, but it is a very long tunnel," - said in an interview Sturnaras.
If the words Sturnarasa confirmed on Friday evening at the parliamentary hearings on the program of the new government, it would mean another 180-degree turn in the politics of Athens against creditors. All three parties of the ruling coalition in Greece promised to revise an agreement with lenders on loans in exchange for reduced costs and reform. It was assumed that Greece will require a minimum two-year delay to reduce the fiscal deficit to sustainable levels, and also refuses to dismiss the earlier commitments of the state employees and continue to reduce, if necessary, salaries and pensions.
However, according to Financial Times, the creditors of the EU and the IMF, whose experts have arrived this week in Athens, Samaras warned that his intention to require changes in the program is unrealizable. Mitigating conditions for Greece would be additional funding for the country and the lenders have already made it clear they do not intend to allocate additional funding. Thus, the IMF Managing Director Christine Lagarde said that "does not and is not configured to" negotiate with Greece about changing credit conditions.
 The new prime minister and leader of the center-right party "New Democracy" Antonis Samaras has repeatedly encountered friction with the creditors. As the leader of the parliamentary opposition Samaras in 2010-2011 categorically rejected the loan agreement with the EU and the IMF. In November 2011 Samaras has radically changed its position by supporting these agreements under the threat of withdrawal from the eurozone. After that, Samaras for a long time refused to provide written assurances to creditors that will honor the agreement. Then the center-right leader has insisted on holding early elections on May 6, to whom he promised the voters adhere to agreements with creditors. These elections are not allowed to form a viable government, which has led to new elections on June 17. Samaras won this election on promises to revise the program to reduce costs.
Greece has already received from the EU and the IMF loan package of two multi-billion to fund its obligations, as well as money to recapitalize the banking system. In addition, the EU and the IMF to assist in "voluntary" debt relief to the country's private creditors. The total amount of loans and debt forgiveness made to the May 2010 order of 380 billion euros.

Russia during the crisis did not start supporting the stock market and the devaluation

MOSCOW, July 6 - RIA Novosti. Finance Minister Anton Siluanov believes that an erroneous decision by the Government to support the stock market, and the decision of the Bank of Russia on the smooth conduct of the ruble devaluation will not be repeated in the case of the second wave of crisis.
 "Based on the lessons of the crisis, what was the question in these two areas can say exactly what we are here carried the lessons and activities such as had been the last time, will not happen again," - said Siluanov, answering questions from State Duma deputies in the plenary Chamber.
Speaking about the possibility of making repeated decisions of state participation in the stock market, Siluanov expressed the opinion that such action was erroneous.
"Participation in the stock market, I believe it was the wrong decision, but at this Vnesheconombank earned a lot - about 30 billion rubles. I do not think that will happen, God forbid such a tense situation, we have the money the state will not participate in supporting the stock market in this times, "- said the head of the Ministry of Finance.
"With regard to measures for devaluation or exchange rate of the ruble, the exchange rate fluctuates within the corridor, which defined the Central Bank," - said Siluanov.
He recalled that in accordance with the approved monetary policy if the exchange rate is close to the boundaries of the corridor, the Central Bank will intensify operations in the foreign exchange market, and if it is in the middle of the corridor - the central bank in the market does not take part.

Cabinet of Ministers of the Russian Federation as a whole approved the main parameters of the budget 2013

MOSCOW, July 6 - PRIME. The Russian government on Friday approved the overall budget policy guidelines and the basic characteristics of the federal budget for 2013 and for the period 2014-2015, said after the meeting the Minister of Health Veronika Skvortsova.
"In general, approved, but work will continue in three areas: social policy, transport, agriculture and regional development will be a block of MIC" - said Skvortsov told reporters.
She added that these issues will be discussed at meetings with the head of government.
Revenues of the federal budget in 2013 are projected at 12.3 trillion rubles, expenditures - 13.4 trillion rubles. Thus, the budget deficit is projected at 1.5% of GDP.
At the same time in 2015, as noted at the government session on Friday, Prime Minister Dmitry Medvedev, who can be reached zero deficit budget.
Beginning in 2013 the government forms the main financial document of the country on the basis of the so-called "fiscal rules". In his federal budget will be calculated on the basis of the base oil prices over five years with an annual increase in this period by one year until a decade.
As reported at the meeting of Finance Minister Anton Siluanov, the federal budget of Russia in the years 2013-2015 will be calculated on the new rule - based on the price of oil 92, 93 and 94 dollars per barrel, respectively. This approach aims to minimize the dependence of the fiscal system on the volatility of hydrocarbon prices.
According to the fiscal rule, the bill on which the State Duma adopted on Friday in the first reading of the actual oil price exceeds the base, the additional revenue will be forwarded to the Reserve Fund or to fill the funding deficit. The decision on such a redistribution should be made by the government of the Russian Federation. If the actual price is lower than the base, then, on the contrary, the Reserve Fund will be spent to cover the federal budget deficit.
Government at a meeting on Friday also approved the main features of the budgets of the Pension Fund, Social Insurance Fund and the Federal Mandatory Medical Insurance Fund in 2013 and the planning period 2014 and 2015, said Skvortsov.

Savings Cards are not served in the Russian Federation and abroad because of a failure

MOSCOW, July 6 - PRIME. Maps Savings <SBER>, the largest issuer in the Russian Federation, are not served in Russia and abroad because of technical failure, which occurred about an hour ago, experts are working to resolve the problem, said the agency "Prime" Representative of the Savings Bank.

"About an hour ago there was a technical problem, our experts are working to resolve the problem" - the source said, adding that the cards of other banks in the Savings Bank branches and ATMs are serviced normally.

Oil prices in the III quarter will exceed $ 100 per barrel, analysts say

BRUSSELS, July 2 - RIA Novosti, Maria Knyazeva. Oil prices may rise above 100 dollars per barrel of Brent crude during the third quarter, including the EU's arms embargo against the import of Iranian oil and increasing demand, according to analysts polled by RIA Novosti.
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The European Council on Foreign Relations last week upheld the decision of 23 January this year to impose an embargo on Iranian oil imports to the EU from 1 July 2012. In late February, the EC spokesman said Marlene Holzner RIA Novosti that the oil reserves in the EU enough to dispense with supplies from Iran for four and a half years, so the disruption of "black gold" in the EU is not expected. Iran in 2011 was the fourth oil supplier to the EU market with a share of about 6% of the total imports of this product.
World oil prices decline on Monday, more than 1% in the correction after the record for the last three years of growth on Friday. The cost of the August futures for North Sea petroleum mix of mark Brent fell Monday by 1.5 dollars or 1.53% - to 96.3 dollars per barrel. On Friday, oil prices went up by 7% against the decision on short-term measures to support the eurozone financial markets, which could have a positive impact on the demand for "black gold".
EU leaders agreed last Friday that EFFS and MFS will be able to buy government bonds on the primary market of any of the eurozone countries, performing its economic plan. In discussing this issue, not on the agenda of the summit, insisted Spain and Italy. Now markets are waiting for purchases of sovereign bonds in these countries is, however, when and in what quantities can pass surgery is not yet known.
Italy and Spain, members of the five largest economies in the euro area, currently remains the center of attention of financial markets. Spain has requested assistance from outside the euro zone to rescue their banking system, investors fear that aid did not need the whole country. Italy has so far 
 That is the situation with the Iranian oil in Italy until the experts are concerned most seriously, however, for the most part they do not expect catastrophic consequences. Italy has the largest public debt in the euro area (up to 2011 - 1.897 trillion euros), earlier analysts had feared that European funds may not be enough to save the country from default.

Schtimul to growth

Analysts say that the pressure on the price of oil has rather weak demand at a high sentence. The embargo on Iranian oil may slightly improve the situation and to stimulate growth in the value of "black gold".

"Recent news suggests that China, India, Japan cut imports from Iran, Europe imposed the embargo. In the third and fourth quarters is a seasonal increase in demand for oil. All this in the compartment should help increase oil prices," - said the Raiffeisen Research analyst Hannes Loaker.
 "We will see some upward pressure on prices. I do not think that they will return to the mark of $ 125 per barrel (brand Brent - Ed.). However, about a 100 dollar value of" black gold "may rise to fall, pressured by several factors , "- says Helge Petersen, an analyst at Nordea.

"The price could exceed $ 100 per barrel in July and August. However, I do not think she went above 110 dollars" - predicts Loaker.

However, among the factors that influence the price of oil is present and the state of the eurozone economy as a whole. While the situation in this region is located between the positive promises of short-term measures to support it and fear of the emergence of preddefoltnogo state in Greece, Spain and Italy"Some solutions summit of EU leaders last week turned out to be very positive for the markets. Nevertheless, I think the markets will understand that many questions still left open, and it would not be nice insight for them. It is expected that the ECB this week will reduce the base rate, which will give additional support to the euro-zone economy in the short term. also may be offered new long auction on lending of banks in the region. on the other hand, we can see the very difficult negotiations with the Greek "troika" of the creditors of the country's economic program. in our opinion, Spain and Italy are on the brink of a request help for their economies as a whole, not only for banking systems. I think if all the negative news materialize, nothing good for the market price, they will not do, "- says the chief economist at Citigroup eurozone Jurgen Mishelz .
 Without the effects of
Slight rise in oil prices, which can support an embargo on exports of raw materials from Iran and a relatively stable situation in the eurozone, do not hurt to hit the economies of EU countries, even for the weakest, according to analysts and officials. Even despite the fact that the bulk of imports of Iranian oil, about 68%, falls on one of the most unstable of the EU countries - Greece, Italy and Spain.
State of Union was replaced by the end of April 2012 approximately 70% of oil comes from Iran, the products of other countries, RIA Novosti said the official representative of the European Commission last week.
"If oil prices rise to 105-110 dollars per barrel, in our opinion, the serious consequences of the EU economy, or it will not bring peace. Treatment of Italy for financial aid, or something like that, nor do we expect from the increase in oil prices to $ 110" - said Loaker.
Researcher, Institute of International Affairs (IAI) in Rome, an expert on energy policy, Nicola Sartori (Nicolo Sartori) believes that the embargo will not have a negative impact on the economy of Europe.
"In fact, the more likely that because of the current structural problems of the European economy, crude oil prices may continue to fall, despite the introduction of sanctions against Iran," - he told RIA Novosti.
According to Sartori, the European embargo on Iranian oil will contribute to the redistribution of global flows of crude Greece, Italy and Spain will live
In the EU countries since the end of January this year, it was time to replace Iranian oil feedstock from other countries. Based on data from the European Commission and the states themselves, they have coped with this task quite well.
Iran's oil consumption in Greece has practically disappeared in April of this year. Representatives of the largest companies in Greece for processing crude oil, Hellenic Petroleum and the state's leading private companies for processing oil and oil Motor Oil said they would not comment on the trade policies of their companies. However, unofficially the companies say they have taken care of uninterrupted supply of the local market, in particular by increasing purchases from other traditional suppliers, primarily in Saudi Arabia, Russia, Iraq and Libya.
Prices for crude oil and processed products in the domestic market has stabilized in recent years. In January, the announcement of the oil embargo against the sale price of gasoline with an octane number of 92 per month increased by about 5% - up to 1.705 euros per liter, as suppliers have raised prices in advance. Now, however, consumer prices in Greece have fallen along with oil prices and in some areas of the country were less than 1.60 euros per liter.
 oil, which can not be considered a negative consequence.
 In this case the loss of Iranian oil would inevitably hit the local refinery, as Iran was one of the few countries that continued to Greek guarantees procurement, despite the crisis, the risk of withdrawal from the eurozone and the refusal of several major insurance companies to insure Greek companies.
Foreign Minister of Spain Jose Manuel Garcia-Margalit in late June said that the embargo on Iranian oil imports to the EU will not affect the economy of his country. After the January decision on the embargo, the Spanish authorities with the assistance of the United States began an active search for alternative suppliers of oil, primarily in Saudi Arabia and Gulf countries. After Madrid, received assurances from Saudi Arabia that oil supplies from Arab countries that fully compensate for Iranian oil, crude oil imports from Iran since the end of February 2012 was discontinued.
According to some experts, and Italian newspapers, the situation of Iranian oil, can be a real blow for the country in which the proportion of "black gold" was 13% of the total amount of imported fuel.
According to the Italian Oil Union De Simone Pietro (Pietro De Simone), in Italy there are a number of refineries that can process almost the only type of crude oil - Iran. Therefore, these companies risk being closed.
For its part, General Director of Saras, engaged in oil refining, Skaffardi Dario (Dario Scaffardi) noted that an embargo on Iranian oil would lead to diversification of supply, which would entail a significant increase in cost of oil companies.
Nevertheless, the Italian Foreign Minister Giulio thirds immediately after the approval of sanctions against Tehran, said that the impact of an embargo on Iranian oil would be "insignificant" for Italy.
Senior economist at ING Carsten Brzheski told RIA Novosti last week that the market plenty of opportunities to replace Iranian oil, so the Italian arms

World oil prices fell on the statistical data from the U.S.

MOSCOW, July 3 - RIA Novosti. Oil prices on world markets fell Monday amid reports of weak performance in the U.S. economy, according to data exchanges.

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August futures price for North Sea petroleum mix of mark Brent Crude Oil at London exchange ICE (InterContinental Exchange Futures) on the basis of trades fell by 0.46 dollars - up to 97.34 dollars per barrel.

At the New York Stock Exchange NYMEH (New York Merchantile Exchange) cost of the August futures on U.S. light crude oil Light Sweet Crude Oil fell $ 1.21 - to 83.75 dollars per barrel.

On Friday, oil prices went up by 7-9% on hopes that the decisions of the heads of the EU in the field of economic problems in the region as a result of positive impact on the demand for "black gold".

However, on Monday gave way to fall in growth in the correction and on the background of weak macroeconomic data from the U.S.. Thus, the index of business activity in the industrial sector of the country in June for the first time in July 2009 decreased to 49.7% from 53.5% in May. The analysts forecast a decline to 52%.