The President of Russia declared it at a congress of RUIE. According to him, the negative effect of a raising of the VAT is considered exhausted Vladimir Putin at a plenary session of a congress of the Russian Union of Industrialists and Entrepreneurs (RUIE) in Moscow. Photo: Mikhail Mettsel / by TASS It is updated in 17:25negativny the effect of a raising of the VAT is considered exhausted, now it is necessary to return to a mortgage of 8%, and by 2024 is lower than this indicator. The President of Russia Vladimir Putin said it at a congress of RUIE. According to him, it is also necessary to pay attention to interaction of banks with the companies builders. Vladimir Putin the President of the Russian Federation "We know well that slightly the mortgage grew up. There were 9.56%, in my opinion, now 10.5-11% on average. It is necessary to return, certainly, down. Especially as as considers the Ministry of Economic Development, colleagues will correct me, the negative effect of a raising of the VAT is considered exhausted. But, certainly, it is necessary to go down, to return. Especially, as considers the Ministry of Economic Development if I am mistaken, the colleague will correct me, the negative effect of a VAT raising already, thank God, is considered exhausted therefore all this macroeconomic has to influence also bank rates, inflation, bank rates in the positive plan. We need to return to a mortgage of 8%, and by 2024 — 7.8-7.9%, lower than 8% we have to leave". The subject of arrest of the founder of Baring Vostok investment fund U.S. citizen Michael Kalvi became one of main at a congress of the Russian Union of Industrialists and Entrepreneurs. "Stay in the pre-trial detention center, especially for long term, without the judgment, of course, the wrong thing. Concerning Kalvi this measure, certainly, excessive" — the head of VTB Andrey Kostin told journalists. He added that Baring Vostok facts of the case for today "are unclear for business and not until the end of a transparentna therefore they cause concern and negatively affect the market". "Very few people understand how negatively the event around Baring Vostok spoiled the atmosphere and feelings of new foreign investors" — the chairman of the board of Association of European Businesses Johan Vanderplayetse noted. In a speech of the president Vladimir Putin and in questions which were set asked it the subject Baring Vostok did not sound. At the end of a conversation the head of RUIE Alexander Shokhin told: "Transfer notes from the hall, but I would like to stop this process". Putin wanted to read after all: — Alexander Nikolaevich, you not strongly become angry about me if I after all look at notes? Will a little borrow time. Notes especially... — I would like to filter process, but it was not possible. — Yes. But there is a concrete request to meet the person, I will make it, I will find time. That's all, as a matter of fact. — All hall would like to meet. — We and do with you from time to time. After Vladimir Putin held the closed meeting with members of bureau of government of the Russian Union of Industrialists and Entrepreneurs. According to the head of VTB Andrey Kostin, the subject of protection of business in general, in particular from prosecution was discussed. The president promised to take additional steps, but concrete
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