The Central Bank has introduced the amended concept of banking reforms in Russia to the government, Senior Deputy Chairman of the Central Bank Tatyana Paramonova announced at a meeting with journalists today. She noted that the only item of the concept that the government and the bank were arguing about was the minimal volume of capital. The final concept stipulates that licenses of banks will be withdrawn in the event the volume of their capital assets is less than 5 million euros and the rate of capital sufficiency is less than 10 per cent. The Central Bank's official stressed that the introduction of a new criterion, the capital sufficiency, was aimed at the development of the whole economy but not separate banks. Paramonova also announced that the Central Bank introduced the main directions of the monetary policies for 2002 to the State Duma. The Central Bank did not reconsider inflation forecasts for 2002 but changed its forecasts concerning the money supply next year. It is expected to increase about 22 or 28 per cent instead of 24-28 per cent as stipulated in the previous concept.
In recent years, genetics has become a cutting-edge science, not only in the professional field of biology, but also because of the enormous social reach of its discoveries and approaches. Not in vain, practically every day the press offers us the discovery of a new gene, a new hereditary determinant directly involved in the manifestation of diseases or physical characteristics.
On December 14, President Putin holds his annual Q&A session with Russian and foreign journalists. This conference is considered to be the beginning of his presidential campaign