ANNOUNCEMENT 30 Mar 2009
In March 2009, the government of Russia announced a change to private-sector financial support.NUMBER OF INTERVENTIONS
1
SOURCE
the Government Decree # 262 from 30 March 2009 - http://www.rg.ru/2009/06/02/avto-subsidii-dok.html
Russian Prime Minister Vladimir Putin signed a ruling (the Government Decree # 262 from 30 March 2009) to provide subsidies to the domestic car industry. These subsidies are to reimburse some interest rates expenses on loans taken out in 2008-2009 for technology upgrading. The Government pays 2/3 of the interest due.