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Letter "G" » German Gref Quotes
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«Higher economic growth without curtailed inflation is impossible.»
Author: German Gref
«Foreign and Russian companies should have equal conditions of competition. If a foreign bank or insurance company wants to work on the Russian market, it can establish a subsidiary here. This entails higher standards of operation but equal conditions for all market players.»
Author: German Gref
«In my opinion, we have an opportunity to stay within the limits of the planned 9%.»
Author: German Gref
«Since the beginning of the month inflation has been no more than 0.4% and is not likely to hit 0.6% by the end of the month.»
Author: German Gref
«The key goal ... in 2006 is to end [bilateral] negotiations on Russia's accession to the World Trade Organization with the United States and also to sign [bilateral] protocols with Australia, Switzerland and Columbia.»
Author: German Gref
«Given [global] oil prices of $20 per barrel, lost budget revenues would amount to $900 million, and this, along with a possible deterioration of the international business environment and growing budget spending, could lead to budget deficit. In this case, the Stabilization Fund could cover country's expenditures for about two or two and a half years.»
Author: German Gref
«The price (of licensed product) needs to be acceptable for the (Russian) population. If it is not acceptable, it is a great advantage for pirates.»
Author: German Gref
«Intensive and difficult talks are under way. However, we are optimistic that solutions to the remaining issues will be found in no more than one to one and a half months.»
Author: German Gref
«Inflation totaled about 4% over the two months, which was largely due to the Artic temperatures, and surge in consumer demand for salt.»
Author: German Gref
«The company has made a decision on investments.»
Author: German Gref
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