The European Union will allocate EUR3.5m to implement a project aimed at inspecting Russian financial organizations, Russian Central Bank deputy head Andrey Kozlov declared at a news conference today. This is the second project within the framework of improving inspection of financial organizations financed by the EU. On the whole, the EU has invested about EUR2.6bn in Russia over the past several years.
Kozlov noted that currently 183 Russian banks calculated their financial statements according to International Accounting Standards.
Representatives of the Israeli Defence Ministry responded to recent reports about the possible delivery of S-300 SAM systems from Russia to Syria. Israeli Defence Minister Avigdor Lieberman said that Israel would destroy those systems
Russia is to start supplying S-300 air defence systems to Syria in the near future. The shipments will be conducted free of charge