Financial news: The Bank of Russia files a lawsuit against Euroclear in the Moscow Arbitration Court (12.12.2025).

Translation. Region: Russian Federation –

Source: Central Bank of Russia

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In connection with the illegal actions of the Euroclear depository, causing losses to the Bank of Russia, as well as in connection with the mechanisms of direct or indirect use of the Bank of Russia's assets without the consent of the Bank of Russia, which are officially being considered by the European Commission, the Bank of Russia is filing a claim in the Arbitration Court of the city of Moscow against the Euroclear depository for recovery of losses caused to the Bank of Russia.

The actions of the Euroclear depository caused damage to the Bank of Russia due to the inability to manage cash and securities belonging to the Bank of Russia.

When using the material, a link to the Press Service of the Bank of Russia is required.

December 12, 2025

09:30:00

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Financial news: Statement by the Bank of Russia regarding the European Commission’s plans for the use of its assets (12.12.2025).

Translation. Region: Russian Federation –

Source: Central Bank of Russia

An important disclaimer is at the bottom of this article.

In connection with the publication of a press release on the official website of the European Commission on 3 December 2025 “Commission unveils two solutions to support Ukraine's financing needs in 2026-2027”and the draft regulation of the European Commission “Proposal establishing the Reparations Loan to Ukraine”, which provide for the use of assets placed in financial institutions of the European Union, including the Euroclear depository, without the consent of the Bank of Russia, the Bank of Russia reports the following.

The mechanisms for the direct or indirect use of the Bank of Russia's assets provided for by the said document, as well as any other forms of uncoordinated use of the Bank of Russia's assets, are illegal, contrary to international law, including violating the principles of sovereign immunity of assets.

The issuance and implementation of the regulations announced on the official website of the European Commission will entail the unconditional challenge by the Bank of Russia of any direct or indirect actions leading to the uncoordinated use of Bank of Russia assets in all available competent authorities, including national courts, judicial bodies of foreign states and international organizations, arbitration tribunals, and other international judicial bodies, with subsequent enforcement of judicial decisions in the territory of UN member states.

The Bank of Russia reserves the right, without further notice, to proceed to the practical implementation of all available legal and other mechanisms for protecting interests in the event of further progress or any form of implementation of the aforementioned European Union initiatives under discussion.

When using the material, a link to the Press Service of the Bank of Russia is required.

December 12, 2025

09:05:00

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Dmitry Grigorenko: The government is working on creating a digital platform for the construction and maintenance of data centers.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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Deputy Prime Minister and Chief of the Government Staff Dmytro Grigorenko instructed the Ministry of Digital Development, Communications, and Mass Media and the Analytical Center under the Government to develop proposals for the creation of a digital platform for the development of data centers. It will integrate a set of services to support the entire data center lifecycle, from construction to commissioning. The platform will help simplify and accelerate the data center creation process and aggregate information on the computing capacity available in the country.

The platform is proposed to include services for selecting land plots and ordering inspections (for example, to check for encumbrances); information on available benefits, the availability of communication lines, the availability of electrical power, and other infrastructure. Furthermore, the creation of a marketplace for data center design and maintenance equipment and services for businesses is being discussed.

The creation of a unified digital platform will enable a transition from the construction of isolated, isolated data centers to the systematic development of a network by bringing together all stakeholders, from businesses to the government, on a single platform. Furthermore, the platform will serve as a single point of information collection on existing data centers, rental offers, needs for additional capacity, and the availability of infrastructure for their construction.

This new approach will accelerate the process of obtaining the necessary data for data center construction, make the process transparent, and reduce construction and commissioning time.

"One of our priorities is the implementation of artificial intelligence. However, this technology requires infrastructure and a sufficient number of data centers. The demand for computing power is rapidly growing. Our goal is to simplify and accelerate the creation of data centers. To this end, we are exploring the creation of a digital platform – a single platform where businesses can obtain accurate information about available sites, the availability of nearby infrastructure, and even order ready-made construction solutions and equipment. For businesses, this means convenient services that simplify the data center construction process. For the government, this means the opportunity to assess the data center market situation and determine the real need for new capacity," noted Deputy Prime Minister and Chief of the Government Staff Dmitry Grigorenko.

According to the instruction, the Ministry of Digital Development and Communications and the Analytical Center under the Government must develop and submit proposals by March 2026. These proposals will be discussed with businesses to develop the most effective platform structure and identify the most in-demand services.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Financial news: On 12/12/2025, the Federal Treasury will hold a deposit auction of 22,025,431.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

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Application selection parameters;

Application selection date is 12/12/2025. Unique application selection identifier is 22,025,431. Deposit currency is rubles. Fund type is Unified Treasury Account. The maximum amount of funds placed on bank deposits, in monetary units, is 40,000,000,000. Placement period, in days, is 364. Date of deposit is 12/12/2025. Date of return is 11/12/2026. Interest rate for placement of funds (fixed or floating) is FLOATING. Minimum fixed interest rate for placement of funds, in % per annum is the basic floating interest rate for placement of funds RUONmDS. Minimum spread, in % per annum is 0. Terms of the bank deposit agreement (term, replenishable, or special). Replenishable. The minimum amount of funds placed per application, in monetary units, is 20,000,000,000. The maximum number of applications from one credit institution is 2. Application selection form (Open with random completion, Closed, Open with extension). Open with extension. Application selection schedule (Moscow time). Application selection venue: Moscow Exchange PJSC.

Acceptance of applications from 10:00 to 10:30. Applications in preliminary mode from 10:00 to 10:05. Applications in competition mode from 10:25 to 10:30. Random end of trading period (sec.): 0 Bid step: 0.1 Time step (sec.): 60. End time of the extension period: 10:50:00. Formation of a consolidated register of applications from 10:50 to 11:20. Setting the cutoff interest rate and (or) recognizing the selection of applications as unsuccessful from 10:50 to 11:30. Sending an offer to credit institutions to conclude a bank deposit agreement from 11:30 to 11:50. Receipt of acceptance of the offer to conclude a bank deposit agreement from credit institutions from 11:30 to 11:50. The time of transfer of the deposit in accordance with the requirements of paragraphs 63 and 64 of the Order of the Federal Treasury dated April 27, 2023 No. 10n

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Financial news: On December 12, 2025, the Federal Treasury will hold a deposit auction of 22,025,429.

Translation. Region: Russian Federation –

Source: Moscow Exchange – Moscow Exchange –

An important disclaimer is at the bottom of this article.

Application selection parameters;

Application selection date 12.12.2025. Unique application selection identifier 22 025 429. Deposit currency rubles. Funds type – Single Treasury Account. Maximum amount of funds placed on bank deposits, monetary units 198,000,000,000. Placement period, in days 4. Date of depositing funds 12.12.2025. Date of return of funds 16.12.2025. Interest rate for placing funds (fixed or floating) FIXED. Minimum fixed interest rate for placing funds, % per annum 15.76. Base floating interest rate for placing funds – Minimum spread, % per annum – Terms of concluding a bank deposit agreement (term, replenishable or special) Term. The minimum amount of funds placed for one application, in monetary units, is 1,000,000,000. The maximum number of applications from one credit institution, pcs. 2. Application selection form (Open with random completion, Closed, Open with extension). Open with random completion. Application selection schedule (Moscow time). Venue for application selection: Moscow Exchange. Applications will be accepted from 10:00 to 10:10. Applications in preliminary mode from 10:00 to 10:05. Applications in competition mode from 10:05 to 10:10. Random trading end period (sec.): 120 Bid increment:

Time step (sec.):

Extension period end time:

Formation of a consolidated register of applications from 10:50 to 11:20. Setting the cutoff interest rate and (or) recognizing the selection of applications as unsuccessful from 10:50 to 11:30. Sending an offer to credit institutions to conclude a bank deposit agreement from 11:30 to 11:50. Receipt of acceptance of the offer to conclude a bank deposit agreement from credit institutions from 11:30 to 11:50. The time of deposit transfer in accordance with the requirements of paragraphs 63 and 64 of the Order of the Federal Treasury dated April 27, 2023 No. 10n.

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Dmitry Grigorenko: Life-related situations on "Gosuslugi" help citizens resolve their issues more easily and quickly.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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Over 50 life events have been launched on the government services portal. They help people comprehensively address a variety of issues, from university admissions to retirement. Now, you can prepare for pregnancy and complete your baby's first documents using the "Planning and Birth of a Child" life event. The implementation and development of these life events is part of the federal project "A State for People," overseen by Deputy Prime Minister and Chief of the Government Staff Dmitry Grigorenko.

"Life-situations services on Gosuslugi help citizens resolve their issues more easily and quickly. Comprehensive services have freed people from the need to gather excessive amounts of documents and navigate the intricacies of government departments. Citizens and businesses already have access to services such as 'Large Families,' 'University Admissions,' 'Retirement,' 'Starting an IT Company,' and many others. And now a new life-situation service—'Planning and Having a Child'—has been launched on the Gosuslugi portal," said Dmitry Grigorenko.

The "Planning and Having a Child" life situation helps you obtain a birth certificate and register your child at your place of residence, as well as receive government support measures available to pregnant women and families with children.

Now, citizens planning to have children and parents of infants can obtain all the necessary information, complete paperwork, and take advantage of government support measures in one convenient digital space.

This situation allows you to complete and submit an application for a child's birth certificate and residence registration in just two clicks. The newborn's SNILS and compulsory medical insurance policy number will be assigned automatically.

A digital navigator on the life situation page helps you learn about available support measures. You can also apply for benefits and subsidies without leaving the government services portal.

Life-situational services represent a new stage in the development of the public service delivery system. One such service combines, on average, approximately 17 related public services and helps users access them comprehensively, in a single-window environment. For example, "House Construction," "Online Fraud Protection," "Tax Deduction," and so on.

The catalog of life situations on the government services portal includes over 50 federal life situations. By the end of 2025, this number will increase to 70.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Denis Manturov chaired a meeting of the Government Commission on Industry.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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First Deputy Prime Minister Denis Manturov chaired the first meeting of the Government Commission on Industry.

The event was attended by commission members: Anton Alikhanov, Minister of Industry and Trade; Oksana Lut, Minister of Agriculture; Mikhail Murashko, Ministry of Health; Andrey Nikitin, Ministry of Transport; Maxim Reshetnikov, Ministry of Economic Development; Maksut Shadayev, Ministry of Digital Development; and Vladimir Gutenyov, Chairman of the State Duma Committee on Industry and Trade. The commission was created to ensure coordinated efforts among federal ministries to achieve technological leadership.

"The new collegial body will retain some of the functions of the Government Commission on Import Substitution. Overall, it has completed the first wave of localization of the most in-demand industrial products. Since 2015, more than 2,000 significant projects have been implemented. And now, in addition to launching new finished products, companies are mastering the mass production of raw materials, components, and components. They are also focusing on the development and implementation of critical technologies," said Denis Manturov.

In this area, the key areas of work are defined by the federal law "On Technological Policy." One of the commission's priorities is to align technological policy with strategic approaches to industrial development. As the First Deputy Prime Minister emphasized, all industrial projects must incorporate cutting-edge innovations, meet the high demands of consumer sectors, and thereby contribute to achieving technological leadership.

"To consolidate systemic support mechanisms around this comprehensive national development goal, the commission must select priority investment projects. For each project, it must formulate a specific need for engineering products, connect customers with potential contractors. And in certain cases, where we haven't yet developed the necessary expertise, it must coordinate the purchase of foreign-made products," stated Denis Manturov.

Participants discussed the commission's structure, main goals, and objectives. The First Deputy Prime Minister emphasized that, despite the strategic nature of the new platform's issues, it is essential to continue working on current tasks and to focus on identifying risks in the implementation of national technological leadership projects.

"In implementing national technological leadership projects, we will focus primarily on intersectoral and interdepartmental coordination and removing barriers to their implementation. At the same time, we will collaborate with our colleagues to determine the contribution of industries and individual companies to achieving these objectives," noted Anton Alikhanov.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Marat Khusnullin instructed regions to develop additional measures to ensure a safe heating season.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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The heating season has begun throughout Russia, and its smooth running remains a key priority, Deputy Prime Minister Marat Khusnullin announced.

"The comfort of people's daily lives and the stable operation of all services and infrastructure in communities depend on the reliable operation of housing and utilities. This is especially acute during the heating season. Following a regional headquarters meeting, I instructed governors to develop additional measures to ensure a smooth autumn-winter period. Overall, the start of the season has shown positive trends: the number of accidents has decreased by 19.8% compared to the same period last year. But we can't relax. Among other things, the regions need to develop measures to increase the number of emergency response teams and stockpiles for prompt restoration work," said Marat Khusnullin.

He noted that the stable operation of heating systems directly depends on the timely upgrade of public utilities. To this end, the federal project "Modernization of Public Utilities Infrastructure" is being implemented as part of the "Infrastructure for Life" national project.

"Thanks to it, the construction, reconstruction, and major repairs of approximately 300 heat, water, and wastewater facilities have been completed since the beginning of 2025. The quality of public services has improved for nearly 1 million residents of the country. At the same time, of course, many challenges remain in the housing and utilities sector, primarily related to the high level of deterioration of infrastructure. We will continue to consistently address them within the framework of the national project," the Deputy Prime Minister added.

The primary long-term planning tool has become comprehensive plans for the modernization of public utility infrastructure, compiled by regions in the automated information system of the Territorial Development Fund. These comprehensive plans include over 46,000 measures for the construction, reconstruction, and modernization of 18,000 housing and utilities facilities and 141,000 kilometers of networks. Priority is given to facilities with high levels of deterioration and accident rates.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Dmitry Chernyshenko: The leaders of the two countries have declared 2026 the Russian-Vietnamese Year of Science and Education.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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Dmitry Chernyshenko, Co-Chair of the Intergovernmental Russian-Vietnamese Commission on Trade, Economic, Scientific and Technical Cooperation and Deputy Prime Minister of Russia, held a working meeting with Tran Hong Thai, Permanent Vice President of the Vietnam Academy of Science and Technology, and welcomed participants of the scientific and educational forum "Russia – Vietnam: 75 Years of Cooperation."

The Deputy Prime Minister congratulated Tran Hong Thai on his appointment and wished him success in his new role. Dmitry Chernyshenko emphasized that by decision of Russian President Vladimir Putin and General Secretary of the Central Committee of the Communist Party of Vietnam To Lam, 2026 has been declared the Russian-Vietnamese Year of Science and Education. Dmitry Chernyshenko thanked Deputy Prime Minister of the Socialist Republic of Vietnam Tran Hong Ha for their productive collaboration within the Intergovernmental Russian-Vietnamese Commission on Trade, Economic, Scientific, and Technical Cooperation.

He also noted that work on the scientific track expands the prospects for long-term cooperation between Russia and Vietnam.

"We see great potential in developing postgraduate programs and internships for Vietnamese scientists, as well as establishing research centers integrated into international projects. I propose exploring these issues within the framework of the Russian-Vietnamese Year of Science and Education. Your visit is further confirmation that we will conduct it at a high level, engaging the scientific and academic communities of both countries," concluded the Russian Deputy Prime Minister.

Tran Hong Thai conveyed best wishes from Tran Hong Ha, Deputy Prime Minister of the Socialist Republic of Vietnam and Co-Chair of the Intergovernmental Russian-Vietnamese Commission on Trade, Economic, Scientific, and Technical Cooperation. He noted the productive work of both sides and thanked the Russian Government and Dmitry Chernyshenko personally for the dialogue.

The Permanent Vice President of the Vietnam Academy of Science and Technology expressed readiness to collaborate on research and development, and emphasized the interest of Vietnamese companies in working with Russian partners and sharing their results.

Tran Hong Thai reported that specific tasks and areas of work have been identified with the Russian Ministry of Education and Science and personally with Deputy Minister of Science and Higher Education Konstantin Mogilevsky. The permanent vice president of the Vietnam Academy of Science and Technology placed particular emphasis on research and development in the fields of nuclear energy and space.

"Education in Russia is our way of ensuring that our people are familiar with the achievements of Russian science and technology," he said.

Dmitry Chernyshenko and Tran Hong Thai also welcomed participants of the scientific and educational forum "Russia – Vietnam: 75 Years of Cooperation." This event marks the launch of the Year of Scientific and Educational Cooperation between Russia and Vietnam in 2026.

"This year, Russia and Vietnam are celebrating the 75th anniversary of diplomatic relations. As President Vladimir Vladimirovich Putin emphasizes, over these years, our countries have developed a special relationship of alliance and fraternal mutual assistance. In May, General Secretary of the Central Committee of the Communist Party of Vietnam To Lam paid an official visit to Russia. He took part in the celebrations marking the 80th anniversary of Victory in the Great Patriotic War. This significant date has forever linked our countries through shared historical memory, mutual support, and respect for the heroism of soldiers," the Russian Deputy Prime Minister stated.

He also noted the symbolism of holding the forum at the Plekhanov Russian University of Economics, where active international cooperation has been established: five branches of the university operate abroad, and over 1,000 foreign students study within its walls, 263 of whom are from Vietnam.

"According to our President Vladimir Putin, humanitarian issues and personnel training are among the key issues for our countries. Over the past few years, we have achieved significant results in the humanitarian field. We are also seeing positive dynamics in personnel training. More than 3,300 Vietnamese students study in Russia annually. Vietnam has one of the largest quotas for non-CIS countries – 1,000 budget-funded places per year," the Deputy Prime Minister added.

In conclusion, Dmitry Chernyshenko thanked the forum organizers, the university's leadership, and its Vietnamese partners.

In a video address, Vietnamese Deputy Prime Minister Tran Hong Ha warmly recalled his years of study in Russia. He called the training of personnel in the USSR an invaluable strategic contribution to Vietnam's development and proposed specific ways to deepen cooperation today.

"Soviet educational institutions trained tens of thousands of Vietnamese scientists and engineers, who laid the fundamental scientific and technical foundation. This is a priceless asset, serving as the thread that binds our two peoples," said Tran Hong Ha.

Deputy Minister of Science and Higher Education Konstantin Mogilevsky outlined the results of Russian-Vietnamese cooperation in recent years and key vectors for its development.

"The holding of the Year of Scientific and Educational Cooperation between Russia and Vietnam is a clear demonstration of the strength and depth of the comprehensive strategic partnership between our countries. And science and education have been its solid foundation throughout these 75 years," he said.

Forum participants were also greeted by First Deputy Chairman of the Federation Council Andrey Yatskin, Rector of the Plekhanov Russian University of Economics Ivan Lobanov, Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to the Russian Federation Dang Minh Khoi, and heads of ministries, departments, and academic institutions from Russia and Vietnam.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.

Marat Khusnullin: The reconstruction of the Bolshoi Theatre's artistic production workshops in Moscow has been completed.

Translation. Region: Russian Federation –

Source: Government of the Russian Federation – Government of the Russian Federation –

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Construction workers have completed the second phase of the reconstruction of the Bolshoi Theatre's production workshops, which included upgrading a hotel to accommodate touring artists and a health and rehabilitation complex for the artists' recovery and preparation for performances. Rostekhnadzor has confirmed the project's compliance with the approved design and estimate documentation, according to Deputy Prime Minister Marat Khusnullin.

"Next year, we celebrate a significant event—the 250th anniversary of the Bolshoi Theatre of Russia. We strive to meticulously preserve and enhance the potential of such cultural institutions. The second phase of the reconstruction of the theatre's art and production workshops in Moscow has now been completed. As part of this, construction workers renovated the hotel and the health and rehabilitation complex. Comfortable working and recuperating conditions for artists directly impact the creative process and help maintain the highest level of productions at this world-renowned theatre. The Bolshoi Theatre's art and production workshop complex consists of five buildings, totaling approximately 12,000 square meters, located on Petrovsky Lane. Work on all sites has now been completed," said Marat Khusnullin.

The apartment complex, covering over 2,000 square meters, houses 26 comfortable double rooms, a cafeteria, and other facilities. The wellness and rehabilitation center is equipped with gyms and medical rooms where artists can undergo recovery procedures.

"The reconstruction of the art and production workshops was carried out as part of the register of capital construction projects included in the comprehensive state program 'Construction,' overseen by the Russian Ministry of Construction. Work on the first three buildings—the production and engineering buildings, as well as the musical instrument repair shop—was completed in December 2023. These include workshops for the repair and manufacture of theatrical sets and costumes, the repair and maintenance of musical instruments, a printing house, and a laundry and dry cleaning facility," said Deputy Minister of Construction, Housing and Utilities Yuri Gordeyev.

Thus, a comprehensive production and creative infrastructure has been created, which is necessary for the full functioning of the Bolshoi Theatre of Russia.

"The key feature of the art and production workshops is that they house all the necessary support services to ensure the theater's operations. The buildings are equipped with new, modern equipment for laundry and dry cleaning, sewing of theatrical costumes, shoes, headdresses and wigs, and curtains, as well as their washing, dry cleaning, and ironing. A paint booth and metal and woodworking machines for the production of stage props have been installed. All of this will be used to produce theatrical costumes, shoes, and sets, ensuring the theater's full operational support," said Karen Oganesyan, General Director of the Unified Customer Production and Production Company.

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.