Category Archives: Economics

The Ministry of Finance talked about the five challenges to accelerate the economy

Anton Siluanov

Photo: Vladimir Smirnov / TASS

The Ministry of Finance intends to save the budget from dependence on oil, reduce the administrative burden on “white” enterprises and create a healthy financial system. This will be the contribution of the “superbeasto” in the acceleration of the economy, said its head Anton Siluanov

“Superbeasto”

The Finance Ministry on Thursday, April 20, held the expanded Board, which concludes in 2016 and has announced goals and objectives for the near future. The Board was made by Prime Minister Dmitry Medvedev: it announced that it considers a major victory at the end of last year — the termination of the downturn in the economy. The Prime Minister said that in 2016, the Finance Ministry turned into “superbeasto”: its management was handed over to the FTS and FTS, Identified, and eliminated the powers of Rosfinnadzor transferred to the Treasury. This year, the extension of the functions of the Ministry of Finance continued: now through FNS, the Agency administers social insurance contributions, and will single-handedly curate the field of public procurement. “These decisions allowed us to improve control over revenues to the budget, to move the coordination of the work in this sphere in one hand,” — said Medvedev.

Last year, the Russian economy has shown the ability to “quickly adapt to shocks and create new sources of growth,” said Finance Minister Anton Siluanov. He noted that now Russia has strong balance of payments, low inflation, and the structure of the economy has become more healthy. “However, without the implementation of structural changes, the growth will run into the “ceiling of potential of the economy”, which, according to estimates, is not higher than 1.5% per year. In this case, we have more ambitious — ensuring economic growth rate not below average, that is 3-3,5% per year”, — said Siluanov.

“Enough money”

To help accelerate the economy, the Finance Ministry set itself five goals. The first is freedom from oil dependence with the new budgetary rules. Under the old budgetary rules a large part of the market revenues are spent on government spending. “The use of these revenues created the illusion of prosperity, which dissipated as soon as he disappeared market revenues. In fact, we ourselves provoked fiscal crises,” admitted the President. The design of new fiscal rules the Agency intends to include in the draft budget for 2018 to 2020, although the transition budget applies from February, according to Siluanov, have helped to reduce the dependence of the ruble on the price of oil, to reduce the risks of investment in Russian assets. The head of the Central Bank Elvira Nabiullina participated in the Board meeting, agreed.

Another growth factor — predictable conditions for doing business and tax policy. In 2017, the Ministry plans to develop the construction of the tax system in the medium term, as well as the “code of non-tax payments”, said the Minister, with the introduction of new fees and modifying existing should be as predictable for business extent of predictable tax changes.

For higher economic growth is necessary to overcome structural constraints — low quality of human capital, inefficient public administration, poor investment climate. “We have in the budget enough money. The main thing — effectively to dispose of them,” — said Siluanov. The basis for this, according to the Minister, should become the project approach. Five pilot state programs — “Education”, “Health”, “housing”, “Transport” and “Agriculture” — will be fully translated into mechanisms of project management.

Igor Shuvalov and Dmitry Medvedev (left to right) during the extended meeting of the Ministry of Finance of the Russian Federation

Photo: Dmitry Astakhov / TASS

Unfair to punish the players

The second objective of the Ministry of Finance — reducing the administrative burden and ensuring equal competitive conditions for business. The Agency plans to achieve this goal at the expense of growth in tax collection, reduce the administrative burden on honest businesses and the tightening of conditions for “grey” enterprises, the introduction of information technology. System ask-VAT-2 control VAT enabled to increase tax revenues by 0.5% of GDP, the introduction of yegais increased revenues from excises on strong alcohol 28%, and the labeling of fur products has led to an increase in legal trade of these products several times, gave examples Siluanov.

Need to keep the economy out of the shadows, including through economic and tax incentives. Here, according to the Ministry of Finance, can work and discuss the authorities of the tax maneuver (increase in VAT rates while lowering health insurance premiums), and the extension of cashless payments, improving traceability of products and operations. It measures the output of the shadow economy has avoided raising taxes in the crisis, said Siluanov.

You need to improve the efficiency of state-owned companies, once again, said Siluanov. Dividends at 50% of net profit under IFRS, in the budget, will not only bring revenues to the Treasury, but also to increase the capitalization of the companies, the Finance Ministry said. However, a number of companies does not think so, admitted the speaker. But the state “has the asset and this asset should receive income commensurate with the yield that is emerging in the market,” the Minister said. Evaluation of the effectiveness of company executives should take into account the amount of the paid dividends, he added.

Overall health

The third purpose of the financial Ministry called the efficiency of the budget. For this you need to continue integration of the budget process and public procurement, increase transparency of procedures. The Ministry of Finance also intends to expand the Institute’s support of the Treasury: this year, its effect already applies to defense contracts (except for contracts of the defense Ministry and intelligence/counter-intelligence services. — RBC), and in 2018 — for contracts with a single supplier. Treasury support makes “more effective” to treat the expenditure of budgetary funds, said Siluanov. The Finance Ministry intends to develop the concept of increase of efficiency of budget expenditures, said Siluanov, the first result of this work will be the preparation of proposals for optimization of costs within the budget in 2018-2020.

The fourth objective of the Ministry of Finance — establishment of a healthy financial system. Then, believe in the Ministry of Finance, will be able to transform savings into effective investments. In 2017 it is necessary to change the mechanisms of financial recovery of banks and to create a tiered banking system, said Siluanov. This will allow banks to operate more efficiently, and thus increase the level of confidence in this institution, the Minister explained. The Ministry of Finance also plans to expand banking tools: introduce into law the concept of the syndicated loan, the possibility of granting “irrevocable” savings certificates and to open a Deposit of precious metals. The Ministry of Finance is preparing to issue Federal loan bonds for people in the future will be government bonds issued in Chinese yuan.

The fifth objective of the Ministry of Finance — improvement of regional Finance. In recent years, managed to achieve a balance of regional budgets, their debt fell by more than 130 billion rubles, said Dmitry Medvedev on Board. At the end of last year, the deficit budgets of the regions fell to the lowest since 2008 level of 12.5 billion rubles, Siluanov added, reduced the number of “deficient subjects” reduced the number of regions with debt levels above 100% of its income. “Measures to improve intergovernmental fiscal relations envisaged in 2017, will improve regional finances,” — said Siluanov. This year, the Ministry of Finance will assess expenditure commitments of the regions and will strengthen the financial independence of local budgets, he announced. And regional leaders who provide rehabilitation budgets may tighten personal responsibility, the Minister warned.

New Forbes list: the Russian moneybags can two years to contain the

Forbes published its list of the 200 richest Russian businessmen. He demonstrates that neither sanctions nor low oil prices, nor the unending economic crisis does not prevent the domestic rich to increase the capital. In General, their status for the year increased by $100 billion and is now $460 billion, twice more profitable part of the Russian budget in 2017. In fact, the business returned their savings to pre-crisis mark of 2014. And this distinguishes them from ordinary Russians whose income for these years has decreased by almost 13%.


photo: Alex geldings

A good example of what the richest people of Russia has successfully overcome the crisis, is a significant expansion in the number of billionaires in the Forbes top. During the year the number of those who now boasts a ten-digit state grew by almost a quarter, from 77 to 96 people.

The most profitable business, based on the rating, in our country is the production and processing of hydrocarbons, and metals. Almost all of the most wealthy businessmen in some way connected with these industries. Growth of their income is quite understandable. The price of oil, despite a short fall in General over the past year increased by 20%. The same can be said about natural gas quotes, which is tied to the “black gold”. A similar situation exists on the market of ferrous and non-ferrous metals. Zinc, steel, Nickel and iron ore have increased in price from 40% to 90%.

As for the specific names of the richest Russians, they have remained virtually unchanged since the beginning of the XXI century: all the same Michelson, Lisin, Mordashov, Fridman, Potanin, Usmanov… Change only slightly their position in the ranking, depending on the local success or failure in business.

Separately, you can note those businessmen, the formation of capital which is commonly identified with the proximity to state agencies and certain higher officials. They also didn’t waste any time. For example, Gennady Timchenko increased his fortune by $4.6 billion ($16 billion), and Arkady Rotenberg’s rating has risen from 36 positions, bringing its capital to $2.6 billion And despite the fact that both the entrepreneur is included in personal lists came under international sanctions Russians because of proximity to the leadership of Russia. At least as suggested by the Western detractors of our country.

Says Forbes, this is the truth. According to the publication, “SGM”, owned by Arkady Rotenberg has been awarded several large government contracts on a sole-source basis, totaling 555 billion. In turn, the structures of Gennady Timchenko, according to estimates by Forbes, has mastered more than 161 billion rubles in the implementation of government contracts.

However, as follows from last year’s report of the American Peterson Institute for international Economics, about two-thirds of Russian billionaires became the owners of their wealth because of political connections and proximity to raw materials.

Meanwhile ordinary Russians, who often live from paycheck to paycheck, far from success “gods” of the Forbes list. The rating from research firm New World Wealth, Russia ranks first in the world in the degree of income inequality. In our country, 26% of all national wealth belongs to the billionaires, and 62% of dollar millionaires. In turn, the real incomes of ordinary Russians over the years has fallen almost 13% and continue to fall. The average salary in our country is 36 thousand rubles. According to Rosstat, the poverty line is more than 20 million people in Russia.

Meanwhile, in aggregate the status of the 200 richest Russians amounts to $460 billion, or 24,26 trillion rubles. For comparison, the revenues of the national budget in 2017 is planned at 13.43 trillion rubles. In other words, two hundred of our compatriots could adequately contain the whole country within two years. I could, but will not. Therefore, according to the first Vice-President of the Center for political technologies, Alexei Makarkin, like the lists of the richest people in the country and the size of their States have long ceased to interest our fellow citizens. “In 1990 and 2000 businessmen were actively eager to the masses on TV. Tried to talk about how much they do for the state and for the General population. Now the reverse is the case. Entrepreneurs do not strive to make their names public. It is remembered only in the negative and scandalous situations. Separately, you can mention about Igor Rotenberg, son of Arkady Rotenberg. His persona surfaced after the scandal with the “Plato”, because of which domestic truckers had to go to meetings. However, it is unlikely such actions will lead to something concrete. Most likely, after some time, this story will be forgotten and the family of Rotenberg will continue to stay in the billionaires list,” — said the expert.

Sanctions . Chronicle of events

Report to Medvedev in the Duma: there is no escape


photo: Natalia Gubernatorova

The annual report of the Prime Minister Dmitry Medvedev in the state Duma resembled social schizophrenia. On the one hand, “progress, albeit small, as the Prime Minister reassured — there is in each of the sectors that are critical to the development of the country, so it’s not just individual successes, and systemic improvement.” On the other hand, employment in the shadow economy by the end of 2016 reached a record size (15.4 million people, or 21.2 per cent of total employment) and the Ministry of Finance estimated the volume of “grey” salaries of more than 10 trillion roubles. Something in our “Conservatory” is clearly not the case.

A bit of statistics. Medvedev said that last year the country’s GDP shrank just 0.2%, while foreign experts estimate a decline of 0.8%. There are other data showing that prior to the crisis us Oh how far. If you compare the data of Rosstat in March 2017 by March 2016, it appears that retail trade turnover decreased by 0.4%, volume of paid services to population — by 1.3%, investments into fixed capital — by 0.9%, real disposable income — 2.5%. It is unlikely that progress, “see even those who can hardly be suspected of sympathizing with our country.”

The revelation was that foreign speculators, in recent years walauwa our financial market tens of billions of dollars are doing so because we see a “fundamental improvement”. But “improvement” speculators do not care — they are interested in profit and only profit. They regularly receive from us: according to the results of last year profitableness of investment in ruble assets was a record for the world 21% per annum. In other words, a significant part of the budget was spent not performing any public functions, and to satisfy the appetites of foreign huckster.

Nothing is said about the swelling with the help of foreigners a financial bubble. In 2016 the share of nonresidents in the OFZ state amounted to 28%, stock — up to 45% in direct currency speculation — up to 50%. One shout from overseas or the EU — and foreign speculators together stand on the exit from the Russian state and corporate assets with a fair collapse of the ruble. No wonder that dedicated was so nervous before the visit of U.S. Secretary of state to Moscow, in case of unsuccessful result of which the West could impose new sanctions, prohibiting investors to invest in Russian securities.

What the government inflates the bubble? To maintain a pleasant balance: behold, they say, the enemies impose sanctions and bring down the price of oil, and the balance of income and expenditure, we are still positive. However, the positive before the first “nix”, it doesn’t matter, associated with our foreign policy or overheating in global financial market, but more on that in the “interim government” have not thought of.

All of this in the speech of the Prime Minister was not. But present little desperate from a situation of permanent ideological impasse. As in the hearts Medvedev said, “give a universal recipe, if steer is ready. What to do next? Money look for more”. Besides, this stone in the garden close to the government economists, forcing the Prime Minister to admit that the anti-crisis programme of the office. In civilized countries, after such “revelations” raises the question of the resignation of the government, but we, as you know, my own pride, but because the cry went unnoticed.

So what’s wrong? The fact that all of the last quarter century we have not built a model of the economy of the nation, aimed at increasing the level and quality of life of society as a whole, and the economic model of the pocket, whether personal or corporate, the cornerstone of which is the promotion of exclusive large businesses and companies to receive new income. No wonder that Medvedev was cited data relevant to the business, leaving out the “ballast” (the nation).

Everything bequeathed to comrade Marx with his famous formula “the goods–money–goods”. But isn’t it obvious that in the Marxian formula buried irreconcilable contradiction, when merchants want to raise prices on their products (we see this in the example approved by the same government annual indexation of tariffs “Gazprom” on 8%, resulting, in particular, crept housing prices), and the population dreams of a decrease in consumer prices? This contradiction is resolved by the intervention of the Executive power, but we do not know about.

The difference of the economy of pocket from the economy of the nation is that the formula “commodity — money — commodity with surplus value” modified algorithm “goods — money — taxes — public good”, where the end is corporate and private income there is anything that satisfies social needs. Translation of bird to clear this means an increase in taxes collected, transformed in improving education, health development or infrastructure projects, for example, in the road sector or the housing sector.

Whether there was presented any abstracts that prove that the government is turning to face the people? No. That’s why the care in the “gray” sector as a protest against the incompetent and corrupt public administration.

Medvedev is right about one thing — there is no universal recipe for overcoming the current failure does not exist. At the same time the world economy in the last century have accumulated many effective ways of socio-economic improvement of the nation. To present some of them — it is our duty, or after the individual deputies, we run the risk of being accused of carping.

People angered not to the vast state of our oligarchs and not the huge dimensions of their luxury yachts, and the inequality of incomes and opportunities. Worldwide similar inequalities with varying degrees of success (but always positive) are eliminated through a progressive income tax, progressive inheritance tax (gift tax) and progressive tax on capital (dividends, rent for the use of production assets, payment of large deposits).

People are tired of nepotism personnel, when all of a little bit of grain positions are reserved exclusively for children or relatives of bureaucrats. Bureaucratic motivation is simple: put out “feeders” — not anything to live. However, in China, during the period of administrative reform in 1983 this problem was solved by giving the former leaders of the status of advisers new managers with guaranteeing the material and social benefits including keeping the “social package”.

Pretending to care about young people all obrydlo. Instead of increasing the amount of the parent capital and to help young children and families with the purchase of housing, the current parliamentary and bureaucratic body exercising inventing new ways to quickly spending “parent” 453 thousand rubles. Simply put, a speedy deliverance of young mothers from public funds, for example, when you purchase a car or arrangement of their own Affairs.

There is no money? As if to oblige all, without exception, enterprises with state participation to pay as dividends not less than 50% of the net profits and for the state of moneylenders (bankers) — all 90%?

In many regions the people are once again waking up feudal ideology, workers feel powerless before their masters. Why not amend the Labor code guaranteeing the participation of workers and management of revenue production organizations? The labour code should define the minimum share of net profit allocated for material incentives of employees and management. Until 1917 this practice existed in many Russian enterprises, but after the October events, for obvious reasons, has lost its relevance.

Another headache — individual entrepreneurs (IE) as the least protected part of the Russian business. Why not extend to all of IP fixed guarantees similar to those contained in the Law “About insurance of contributions of physical persons in banks of the Russian Federation”? The state, partially acknowledging his guilt for the bankruptcy of a credit institution could provide a fixed deferral of tax payments the entrepreneur whose assets were frozen.

In granting patents to people engaged in “garage” the economy, the government should be required to register self employed at the expense of regional (local) budgets, to introduce legalized entrepreneurs the rent of the necessary premises and other assets for a nominal fee, to free merchants from all taxes. The contributions for compulsory social insurance to be paid by the scheme for entrepreneurs.

Not the government we bad, and his advisers. They would be on the rack, but other “Candida” in the President’s entourage, apparently, does not. So, in the foreseeable future, we will see how is crashing not only the economy, but also its former stability.

Total destruction, as always, unknown.

Sanctions . Chronicle of events

Ukrainian expert: “Sooner or later the international community recognize the Russian Crimea”

In Yalta from Thursday to Saturday, will be held for the third international economic forum. The organizers hope that this year will be signed by at least 25 investment agreements and contracts with domestic and foreign companies. This time the forum will be attended by three times more foreign visitors than a year earlier — 214 vs 70. This jealously is perceived in Ukraine.


photo: pixabay.com

It is worth noting that from year to year, the forum acquires new relationships and partners. . In 2016, the Peninsula was visited by 1,100 people, including 70 foreign delegates from 26 countries. In sum, was signed on 12 invested for a total amount of 70 billion rubles. Almost half of the money went on the contract on construction of a new terminal at the airport of Simferopol is a 32 billion in Just two previous forum has concluded more than 150 agreements on 183 billion.

In the same year expected a real full house. To date, have already expressed their desire to participate in the forum and a half thousand people from 46 countries. Among them not only representatives of Commerce, and policy. The largest group — with the Peninsula: the forum will be attended by about 50 Italians.

Ukraine is not satisfied with such a large foreign interest in the Crimea. A week ago, the Ukrainian organization “the Prosecutor of the Autonomous Republic of Crimea”, with the support of the Ministry of foreign Affairs “independence”, recommended the foreign guests not to attend the event. Warning that otherwise, foreigners will not be able to pay a visit to Ukraine. But, apparently, foreign businesses Crimea still interesting “square”. Significantly, in this case, is the reaction of the Deputy of the Serbian Parliament Milovan Boyicha, who said that he was proud of the fact of falling in Kiev the list of “persona non grata”, and to visit Ukraine never intended. On the eve of the Ukrainian authorities “nerve racking” and the two main contenders for the presidency of France – marine Le Pen and françois Fillon. Both reported that Crimea has always been Russian. The situation “MK” commented the experts .

Denis Denisov, a political scientist:

Foreign countries do not officially recognize the Russian Crimea. There are two parallel processes. The increase in the number of countries visited the Peninsula said about the formal recognition. Everything is fine for yourself to understand that this process is irreversible and a fait accompli, so no need to pretend that someone disagree with this. Another thing is that at the official level to predict recognition impossible. However, we must stress that the visits of foreign delegations to Crimea, the number of which is, in fact, means that in their eyes the Crimea became part of Russia”

Mikhail Pogrebinsky, Director of Kiev center of political researches and conflictology:

– I think directly, the Ukrainian government is not much concerned about the facts of restriction of foreigners. In principle, even if disturbed, they will not to make this public, not to pay to this fact of attention. However, I believe that sooner or later the Crimea may be recognized by the world community, but how many it will take years — is unknown.

The government has supported the collection of money from all tourists arriving in Crimea and Sochi

View of Balaklava. Crimea

Photo: Alexey Pavlicek / TASS

The authorities plan to resolve the Crimea, Altai, Krasnodar and Stavropol regions charge visitors a resort fee to $ 100. per day. In its current form, the rule will affect not only tourists, but also all who come to the resorts for business, for example business travelers

The government is ready to conduct an experiment, allowing the authorities of the Crimea, Altai, Krasnodar and Stavropol territories, to take the resort fee RUB 100 per each day of stay of visitors over the age of 18. The corresponding bill on Monday, April 17, approved the government Commission on legislative activities, to the materials of the Commission (there RBC). The press service of the Ministry for North Caucasus Affairs, which developed the project, confirmed that following the discussion on the state Commission supported the introduction of the bill to the government for consideration, but with the light of the proposals.

The current version of the bill requires the broadest possible range of potential payers, including tourists who stop at individuals, and workers in the business, but excluding preferential categories of citizens, follows from the text of the bill (there RBC) and sources familiar with the discussion of the initiative.

Aksenov told about the project of creating an offshore zone in Crimea

Not just the hotel

The resort fee will be charged in “units” of immigrants, it follows from the text of the bill. And the accommodation proposed to consider not only the official hotels and accommodations, “designed to provide hotel services and services for temporary collective or individual placement or provision of temporary accommodation”, but also buildings and premises, “which in fact provide such services,” the document says. To levy a charge on visitors to the proposed hotels and individual entrepreneurs registered in the tax office to individuals who provide the hotel facilities or services for temporary accommodation of immigrants (including temporary provision for their use of residential premises, including in private homes). Such individual entrepreneurs and physical persons, as well as hotels will become “operators resort fee”. They will be required not only to charge fees from visitors, but also to list them in regional budgets. The regional authorities will include such operators in a special register and will be obliged to regularly report on the received and remitted to the budget fees.

To pay the fee should all the people who are in “places of accommodation” (hotels, apartments and private homes) for more than 24 hours, with the exception of beneficiaries of the bill. Exempt from resort fee proposed, in particular, Heroes of the USSR and Russia, full gentlemen of order of Glory, participants and invalids of the Patriotic war, Chernobyl, the Semipalatinsk and invalids I and II groups and children up to 18 years and students. In addition, cost is not supposed to charge people who live and work in the territory of the experiment, and also have there own housing. Regional authorities will have the right to expand the list of beneficiaries.

To prove the benefits visitors will need, providing the originals of the relevant documents “operators resort fee” the hotel employees and entrepreneurs, as well as owners taken their apartments or houses. Those will have to separately report to authorities of such beneficiaries. In confirmation of payment of the fee the visitor must obtain a special document from the operator of the Assembly. This document will be issued to him at the end of the stay at “property”, to the bill. The document implies the introduction of liability for breach of the law on the resort fee — it will be established by special laws of the regions will host the experiment.

It is assumed that the experiment on the introduction of resort gathering will last for five years from 1 January 2018 until 31 December 2022. Maximum amount of the payment proposed to be set at 100 rubles. for each day, but depending on season, duration of stay in the resort, the value and location of the resort is the amount of the levy will be permitted to be reduced to zero. For example, the Minister of resorts and tourism of Crimea Sergey strelbitskiy said in February that the Crimea proposes to limit the collection period three summer months, passed the “RIA Novosti”.

The exact amount of the levy and the procedure for its payment and the category of citizens who will be able to stay in the resort areas free of charge, establish the authorities resort regions. Fees from tourists will come in the budgets of the regions and through a specially created budget funds directed to the development of resort infrastructure. At the end of the experiment in 2023, the government will have to make a conclusion about expediency of introduction of resort fees on all territory of Russia, to be submitted to the Federation Council and the state Duma.

All visitors

In the case of the adoption of the law will fall not only tourists but also business travelers as well as athletes who train at camps in Sochi, told RBC source who attended the meeting of the state Commission. Some participants even feared that because of the experiment reduced representation, in particular at the Sochi economic forum — day officials a little longer than expected resort fee, says the interlocutor of RBC.

Deputy Chairman of the Federation Council Yevgeny Bushmin (one of the authors of the initiative the introduction of resort fees in 2014. — RBC) confirmed the information that the discussed resort fee will apply to any visitors. “And sent,” said he in a conversation with RBC. The fact that the resort fee could be extended to a wider category of citizens, not only tourists, also confirmed RBC a source in the tourism market. “It’s being discussed,” he said.

“One of the proposals presented at the meeting of the state Commission concerned the list of persons exempt from the resort fee. The issue along with other proposals currently being worked out”, — told RBC press service of the Minkowksi.

Although the bill was approved, the state Commission acknowledged the arguments of critics serious, responsible project officials from the government Department of culture and Minkowksi mandated to consult on the bill with the accounts chamber, the source says RBC. In addition, according to him, the Department of culture is mandated to report the remarks to the bill, the Deputy Prime Minister Olga Golodets.

Chapter Republic of Crimea Sergey Aksenov told RBC that supports charging a resort fee, but sees the problem with his administration. “Identification of tourist is difficult enough. Where to identify it? In the accommodation facilities? I agree, if they give data and in the cost of their services include resort fee. […] At the airport to ask where the man came — he says that a visit to the family arrived,” said Feldman. Thus, in his opinion, to charge the resort fee on all visitors should not be. “This is wrong,” — said the politician.

How much is collected from tourists abroad

New York city tax is at 13.25% of the room rate, plus $2 per night.

In Vienna, a city tax of 3,2% of the room rate will be charged for the first three months of stay in the city. From tax exempt minors and youth living in hostels.

In Amsterdam and Berlin tourist tax is 5% of the room rate per day. While in the German capital the fee in the first three weeks of stay in the city.

In Prague, the rate of local tax is 15 CZK (35 rubles) per person for each day of stay, except day of arrival. From tax exempt people under 18 and over 70 years.

In Lisbon a tax of €1 per day is charged for the first seven days of stay, children up to 18 years from paying it are also exempt.

The Brussels city tax varies from €2.15 to €8.75 per day, depending on living conditions.

In Bern tourist tax consists of three parts: tax rates (1 franc), transport fee (1,5 Frank) and resort fee. A resort fee for hotels and apartments vary from 2.5 to 6 francs for dormitories and hostels from 1.25 to 3 francs. In this case the payment of the transport fee entitles you to a travel that provides free Shuttle service to the airport, and travel by public transport in the centre of Bern. Children under 6 years are exempted from all payments.

Tour operators doubt

Representatives of the tourism industry interviewed by RBC, the initiative with skepticism. Any increase in prices affects the consumer — especially now that tourism has again started to build momentum, including due to the opening of Turkey, the Vice-President of the Association of tour operators of Russia Dmitry Gorin.

Resort fee valid in some countries, but for Russians with their current trend of saving is not a good idea, confirms the Director of public relations of the company “Tez Tour Russia” Larissa Akhanov. Now tourists are willing to go to another Agency due to the difference in price of packaged tour of just a thousand rubles. A collection for a family of several people or, for example, to come to a Spa treatment in Stavropol Krai may reach “a substantial amount”, says Akhanov. The average ticket for treatment is 21 days, she recalls.

As told RBC representative of the Federal tourism Agency, resort fee “in size should not be a burden for tourists, and in any case not lead to any tangible increase in the cost of the tourist product”. In addition, it is important to make a mechanism for the collection, accounting and use of funds is completely transparent: the tourists have to understand where paid their money, and to see a clear result, said the representative of the Agency, Recalling that the purpose of the collection — improving the tourist infrastructure. The initiative would work if the money collected from tourists will be channelled towards infrastructure development in the regions — now the Russian resorts really need it, says CEO “Pegas Touristik” Anna Podgornaya.

According to estimates by Dmitry Gorin, the General Director of the Agency Pososhok.ru Cyril Faminskii, now about 40% of travelers book hotels and tickets independently. Thus, according to Faminskii, if we are not talking about curpagenum vacation, to administer the resort fee is difficult. In the tourist areas is well developed private “shadow” sector that pays taxes and will not charge tourists a fee, adds the head of Department of development of tourist services “Coherent trevel” Andrey Osintsev. Changes can only affect the choice of traditional means of accommodation when planning a holiday, concludes Osintsev.

“There is a reasonable risk that the share of the organized tourism will begin to decline. People in order to save will choose to go to relax yourself, removing the “bed grandmothers,” admits the General Director of the National tourist company “Intourist” Victor Topolkaraev. In his opinion, “to raise funds for the development of resorts, please”, but perhaps in other ways. In particular, due to “encourage the formation and purchasing package tours,” says a top Manager. Due to the fact that the chain of provision of such services fully transparent, in the short term, it “will allow to increase total amount of taxes collected from tourism at both the Federal and regional levels”, said Topolkaraev.

The number of tourists in Crimea at the end of 2016 increased by 21,2% in comparison with the year 2015 to of 5.57 million people, and the resorts of the Krasnodar territory took about 15,8 million people, according to local administrations. Altai Krai, according to official statistics, visited by 2 million tourists, and Stavropol — 1,3 million thus, according to statistics Pososhok.ru average length of stay at the resorts amounted to 7 days, and travel — 3-4 days. According to the “Intourist”, the most popular tour duration — 10 days.

With the participation of Galina Kazakunova, Anton Feinberg, Irina Parfentyeva, Vladimir Dergacheva

The Federation Council proposed to return up to 120 thousand rubles for stay at home

The Federation Council is preparing a bill that would allow the Russians to get up to 120 thousand rubles for a rest in sanatoriums and resorts of the country. The initiative was discussed at the meeting of the working group of the Ministry of health.


photo: Gennady Cherkasov

Current legislation provides for a refund only the cost of treatment, the tax deduction is not more than 30% of the total cost of the permit.

The Federation Council Committee on social policy proposes to extend this benefit. Legislators launched an initiative under which the tax may compensate the Russians staying in the country, up to 120 thousand rubles.

As told “Izvestia” one of the authors of the initiative, Senator Igor Fomin, the introduction of tax deduction will significantly increase the volume of the Russian travel market. A proposal the Federation Council will formally in the framework of joint work with the government in the near future.

“Already, employers gain not less than 120 thousand of vouchers to their employees at the expense of net profit. The possibility of writing off such costs to the cost, according to our estimates, will double the number purchased by the enterprises of permits,” — said Fomin.

It is possible that the citizens who have independently purchased a ticket also can receive a tax deduction for personal income tax. A suitable mechanism lawmakers are already considering. Fomin believes that such measures will increase the turnover of the Russian sanatorium-resort market in the 10-15 billion per year.

Michelson again become the richest Russian businessman according to Forbes

Forbes magazine published a ranking of 200 richest businessmen of Russia. For the second year in a row it was headed by the co-owner of a private gas company NOVATEK Leonid Mikhelson.

According to the publication, the state of Michelson for the year increased to 18.4 billion dollars. This is 4 billion more than the year before.

Second place was taken by the Chairman of the Board of Directors “Severstal” Alexey Mordashov. He has risen in the ranking four lines. Forbes estimated his fortune at $ 17.5 billion dollars for the year it grew by $ 6.6 billion.

The three richest Russians was closed by the owner of the Novolipetsk metallurgical combine Vladimir Lisin. His fortune grew to $ 16.1 billion from 9.3 billion last year, when he ranked eighth.

The top ten also includes head of the Volga Group Gennady Timchenko, shareholder of “LUKOIL” Vagit Alekperov, co-owner of “Alfa group” Mikhail Fridman, the head of “Interros” Vladimir Potanin and the Chairman of the Board of Directors of “Renova” Viktor Vekselberg.

The greatest strengthening of the position in the ranking (200th place 83 place ) showed the Chairman of the Board of Directors of the pharmaceutical holding “PROTEK” Vadim Yakunin. He increased his fortune from 850 million to 1.2 billion dollars.

One of the leaders in the growth of the state also became the owner and Chairman of the Board of Directors of Tinkoff Bank, Oleg Tinkov. In the ranking of the richest people in Russia he rose to 90 positions, thereby taking 79th place.

The publication notes that the threshold ranking in 2017 rose to a historic high of $ 500 million. While the combined wealth of the 200 richest Russians has increased during the year nearly 100 billion dollars (460 billion dollars).

Dmitry Kosarev: “Started to dance — dance to the end”

In 2015 Bulgaria has around the largest Bulgarian telecommunication company “Vivakom”. The Bulgarian and Russian press were called parties to the conflict known Bulgarian businessmen and politicians, the Russian Bank VTB and the Russian businessman Dmitry Kosarev. And in mid-February, the media reported about the intention of Mr. Kosarev to buy the famous Bulgarian football club “Levski”. Correspondent “MK” was able to speak with Dmitriy Kosarev and to know his point of view on the events.

— Dmitry Ivanovich, in mid-February in mass media there was information about the purchase of the Bulgarian football club “Levski”. Is it really so?

— All right, I sent a letter to the Supervisory Council of club “Levski” with a proposal for the acquisition and allocation of funding for repayment of debts of club.

What amount is it?

— Information about the financial situation at the club is fairly closed, but, as I understand it, critical to the survival of the club is to receive 10 million euros in the near future. This amount I suggested.

— What caused your interest to Levski? Really in Russia there is football clubs that need funding?

— There are several reasons. First, I since the childhood are an avid fan of the Moscow “Spartak”. Thank God, now Spartak is in safe hands and financial assistance is not needed. To compete in Russia with Spartak club, which given my heart — I have no desire to. But historically that fans “Spartaka” have established friendly, you might say, brotherly relationship with the fans of several football clubs from Eastern Europe. This “red Star” in Serbia, “Olympiakos” in Greece and “Levski” in Bulgaria. You know that from 1969 to 1985 the club was named “Levski-Spartak”?! Therefore, my desire to help “Levski” was influenced by my love of “Spartacus”.

But, apparently, there are other reasons associated with your business in Bulgaria?

— Unfortunately, Yes. In 2015 I’m fighting for I owned Bulgarian telecommunications company, known under the brand “Vivakom”. It is the largest telecommunication operator in Bulgaria. However, starting in 2015 the group of people who is living in London Bulgarian “businessman” Spas Rusev, consistently implementing a scheme to take over the company from its owners. As a result of such activities in August 2016, this group got the opportunity to dispose of me with a stake “Vivacom”. They immediately intervened in the operations of the company and tried to push the allocation of sponsor support to the football club “Levski”, just for 10 million euros. Despite the fact that “Vivakom” already has with this club a sponsorship contract on t-shirts for the whole breast is written “Vivakom”! We begin to understand and it turns out that Levski belong to this gentleman Rusev. But he brought the club to such a state that if not urgently find 10 million euros — all: “Levski” can be declared bankrupt! In Bulgaria, by the way, this is not the first case. In 2015, for debt professional status was deprived of the most successful Bulgarian club CSKA Sofia. The same fate befell the Sofia “locomotive”. That’s why I suggested to the Supervisory Board of “Levski” is a crime adventure associated with the withdrawal of money from well-known, publicly traded company, consider the change of the shareholder and obtaining financing from a transparent source.

And what was the answer of the Supervisory Board?

— While the answer was formal that they are interested in cooperation, but you need to understand that this is dependent of the Savior Ruseva people, and on the other hand, they do not want problems with law enforcement. And about this situation have been alerted and the Board of Directors “Vivacom”, and the Prosecutor of Sofia, and the media. Let’s see what happens next, the ball is on their side. As they say in Bulgaria: “Started to dance — dance it to the end.”

— Returning to the question about the conflict around “Vivacom”: in what stage is the situation?

— Of course, the situation is difficult for everyone. As I said earlier, a group of individuals, including spas Ruseva, brothers Velchevi (head office VTB Capital in Bulgaria), as well as some Bulgarian politicians organized, I believe, a bogus auction for the sale of pledged shares of the holding company “Vivakom”. In the worst traditions of the Russian privatization of the 90-ies before the auction was not allowed to be real buyers, and the stake is implemented at a price at least three times below market value. Misguiding the management of the Russian Bank VTB, the group managed to obtain a loan of 240 million dollars to Finance this highly dubious transaction.

The result: August 31, 2016, the offshore dummy is, in fact, for the money of VTB Bank in the interests of Bulgarian citizens seized control of the “Vivacom”. In Russia, this is a raider seizure, and for such acts subject to criminal liability. Unfortunately, the Bulgarian legislation and the legal system in General are far behind in their development from the Russian. Now we are protecting their interests in more than 40 trials in Bulgaria, the proceedings in the High court of justice city of London, court of Luxembourg, International arbitration, International chamber of Commerce. According to our statements over the activities of the Savior Ruseva and To closely watched by law-enforcement and Antimonopoly bodies of great Britain, the European Union, Bulgaria and Russia. A detailed letter outlining all the details of what is happening was sent by me to the Chairman of the Supervisory Council of VTB Bank Dubinin, S. G.

— What is the way out of the situation you see?

— It’s simple: either the situation is resolved through negotiation, or caused me losses will be compensated in court. In the latter case, it appears that affected the interests and “Vivacom”, and VTB Bank.

— In the press, including in our publication, it was stated that in the situation of “Vivacom” you are not alone, but in the interests of the well-known Orthodox oligarch Konstantin Malofeev. What can you say about this?

— Of course, I’m quite familiar with Konstantin Malofeev, we have excellent friendships, both my sons studied at the wonderful Gymnasium of St. Basil the Great. You know, we even for Spartak cheer together when the opportunity is given, and of my friends Konstantin, of course, the devotee of “Spartak”. However, all the projects that I implement in Bulgaria, including “Vivakom” that I implement on their own, without him.

The head of Rosstat said about the “Orgy” with the collection of statistical data

Alexander Surinov

Photo: Dmitry Lokaj / “Kommersant”

The Ministry of economic development will become a “lobbyist” for Rosstat, said the Minister Maxim Oreshkin. Now Rosstat problems with resources and coordination in the companies observed, “Orgy” with accountability, said head of Rosstat

“The Ministry should try very hard to help Rosstat. The issue of inter-Agency coordination with the Ministry of economic development will be easier to solve. De facto Rosstat appears on the government level lobbyist to represent its interests and all other agencies to guide in the right direction”, — said the head of the Ministry Maxim Oreshkin at the meeting of the public Council of the Ministry.

Shortly before this, about the problems Rosstat said its head Alexander Surinov. First Rosstat prevent lack of coordination in the collection of statistics. An “Orgy in collecting data from enterprises,” are engaged in several departments which duplicate each other, the reporting burden on businesses is very high, entrepreneurs are unhappy, and Rosstat is not able to coordinate.

The second problem is inadequate resources. For the good statistics you have to pay, said Surinov, and now the equipment in the office is old, the pay is low, but preparations for the census began with no money on it. Another problem, according to Surinov, “nihilism in respect of statistics in society.”

You need to “make every effort to Rosstat financial security,” said Oreshkin. In addition, you need to create a platform for discussion of problems in statistics, and it must function outside of the Rosstat, he added.

Rosstat, which previously reported directly to the government, was transferred to the jurisdiction of the Ministry of economic development in early April. Oreshkin said that the Ministry of economic development in the coming months will not interfere in the work of Rosstat, and subsequently will prepare the strategy of development of Russian statistics until 2024.

Rosstat has been criticized for the revision of the data, Oreshkin said about the “very unfortunate” the transition Department to a new methodology. Surinov said the Agency has long had to switch to the new classifications and the revision of the data — a normal practice that exists in many countries.

Oil surplas: what will help sprang to the price of “black gold”

The main theme of the oil and in General raw material, and also to a large extent currency markets — will continue the reduction of oil production? The signals, as always happens in such situations, conflicting. It is clear that the intrigue can be maintained until the last moment, which obviously will come on may 25 when once on his summit in Vienna will gather of state of the OPEC oil cartel. At first glance, a rational alternative to the continuation of production cuts, or at least its not freezing. Although…

The agreement is guilty?

Can hardly be considered rational to increase production with the falling prices and growing excess supply of oil over demand. But we have seen exactly this picture before the conclusion of the agreement on production cuts. Recall that the first at the end of November 2016 it was signed by 13 countries of OPEC, led by Saudi Arabia, and then, in early December, the agreement was joined by 11 States exporters not participating in the cartel, led by Russia.

Since then has passed already more than one month, and, apparently, it’s time to recover from this “disease” eternal doubt, which is akin to self-blame. But confidence in the extension of the agreement no. Why?

In early April, Deputy Prime Minister Arkady Dvorkovich made a statement that could be understood that Russia is experiencing some disappointment with the results of the implementation of the Treaty on the reduction of oil production. Dvorkovich recalled that when the agreement is being worked out, its main participants came from the fact that as a result of production cuts, oil prices will be fixed at $55-60 per barrel at the global market of “black gold” will see a new balancing of supply and demand. Failed. In fact, the price of oil only occasionally knocking into the “corridor of dreams”, but not fixed there. Commercial oil stocks remain high, the market is not balanced.

Whether on this basis to terminate the agreement? Argument: the desired results are not achieved. In this regard, just remember the old but very appropriate anecdote. A man finds a purse on the road. First looks around, struggling with him, then furtively raises. Discovers the money in the purse, frantically recalculates and says: “Not enough!”. I think this is an accurate description of the situation.

Blame if an agreement on production cuts, which, admittedly, is performed such that the results are “wrong” or the expectations were divorced from reality?

From the very beginning it was clear that the American company to the agreement will not join. And it’s not just that production cuts are instigated against them — American companies involved in a cartel simply is prohibited by law. And means advance was to be expected that higher prices will revive oil production in the United States, primarily shale projects. The speed of this process and the price level, opening a “second wave of the shale revolution” (the wording of the International energy Agency), was underestimated, but it is trouble of appraisers. In addition, a new oil projects start, for example, Brazil and Mexico, which in the agreement on production cuts are not involved.

Not to miss her

Sure, an important role in the swaying of the doubt in the effectiveness of confinement of oil play oil companies. Their job is to launch new projects and pump the “black gold”. The projects were prepared, the capital invested — forward! We will not give your the Americans and Brazilians and all sorts of other Mexicans!

There is a reductio ad absurdum wonderful goals even in Ancient Rome, the principle: “Do what you must, come what may!”

In this sense, very characteristic letter, vigilantly entitled “the agreement with OPEC warning of possible market risks” aimed at the Russian energy Ministry, a major Russian oil company.

The risks contained in the letter is obvious. First, it is already mentioned awakened shale production in the United States. “According to the U.S. Department of energy, in the fourth quarter of 2016, the country resumed growth of oil production. The main increase is noted for the shale projects in connection with the increase in oil prices to a level that ensures sustainable profit from sales of oil (subject to technological progress today it is $35-50 per barrel),” — said in the letter. According to its authors, the potential growth of oil production and condensate in the United States in the years 2017-2018 will be at the level of 500 thousand barrels per day.

Second, there is an appeal addressed to the Ministry of energy, carefully monitor the developments in Saudi Arabia. The authors doubt that the Saudis will be able to maintain the pace of production decline. And they are Champions for the reduction of production, the current situation is this: according to statistics, the first two months of 2017, OPEC has fulfilled its obligations 111%. The contribution of Saudi Arabia amounted to 154%, that is, the Kingdom has exceeded its obligations by half: it is a decrease of 747 thousand barrels per day in January–February, with the plan of 486 thousand barrels per day. But the situation may change in Saudi Arabia “may be interested only in the temporary stabilization of oil prices for the purpose of successful placement on the stock market Saudi Aramco (and achieve the target rating of $2 trillion)”.

Oil similar to generals. As for the generals, war is a way to fulfill your potential and prove their worth, and all the rest — it is the civilians, and for oil — production above all else, and often common sense. That the failure of the agreement triggers the irrational panic of the race of production with falling prices is not as important as oil surplas in competition with Saudi state company Saudi Aramco. They know surplas always ends the race.

Price calls

Oil wait. In fact, everything depends on Saudi Arabia. It bears the brunt of production cuts. On it is equal to OPEC. From her choice depends the future destiny of restrictive agreements. The last signal from the oil-rich Kingdom said about a possible extension.

But confidently predict what decision in the end will prevail, it is difficult. On the one hand, here it is, just a lesson learned for the lower prices of income earners grew. The other side: the growth in revenues in the past, most recently he’s gone, so seize the moment!

At first glance arising in connection with this question of why the oil industry itself to reduce prices and increase production, losing future income, seems rhetorical. But there is a second look. The worm of doubt in the following question: are there any future income?

On the market in different projections there is no shortage. Quite popular and that started the cycle of decline in the prices of all commodities, including oil, and their present level no more than remission. Then they will just below.

Lame? How to say it. In fact, oil prices — in the hallway with mobile walls. One is the level of traditional production, the other oil shale mining. The walls were moving, because the traditional mining, the more chance there is of shale, the price increase opens the way for overseas kancevica.

You need to look for balance. It, however, we must look for any important decision, the oil is just a perfect example. But the balance mobile. While the trend is that shale production is cheaper. The prospects for lower prices. Not casually recently updated its baseline forecast, the Bank of Russia as the average annual price of oil in 2017 bets $50, and in 2018 — $40 per barrel. Projections, of course, there is no faith, but stated the trend is to reduce characteristic.

In fact, on the price of oil affects not one drawn by the moving hallway. If the President of the United States Donald trump will fulfill his promise and the us oil companies will take over until closed field, prices will be another powerful push. And already started raising rates, the fed (and the fact that it will happen next, little doubt) is another incentive that reduces the price of oil.

So the day sprang in oil prices could be short lived. This means that the agreement on production cuts may be short-lived.