On December 19, The State Duma gave the second and third reading to the law to raise insurance reimbursement of bank deposits from 700 thousand to 1.4 million rubles.
Adequate amendments were made to the law "On Insurance of Deposits of Natural Persons in Banks of the Russian Federation", as well as to law "On the Central Bank of the Russian Federation."
Deputy Finance Minister Alexey Moiseyev said that the government decided to increase the insurance compensation twice as "this move is consistent with the needs of today."
Earlier, it was reported that Russia's largest bank - Sberbank - reported a significant outflow of funds from citizens' accounts due to the weakening of the national currency.
The Investigative Committee of the Russian Federation put the head of the contractor company of Russia's space corporation Roskosmos, Sergei Slastikhin, on international wanted list
"Washington operators of the sanctions machine ought to get acquainted with the history of Russia, to stop the unnecessary fussing," spokesperson for the Foreign Ministry said