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News ECONOMY

  • Mar 12, 2013
  • Kremlin aide may run central bank

    Kremlin aide Elvira Nabiullina may take charge of Russia's central bank, two sources close to the matter said, installing a technocrat willing to act on President Vladimir Putin's call for monetary stimulus to boost growth.With Putin reluctant to pick an insider and other contenders too controversial, Nabiullina, a 49-year-old economist and ex-cabinet minister, has emerged as a compromise choice to succeed Sergei Ignatyev, who retires in June.

    Source - http://biz.thestar.com.my