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That leaves individual company bosses with some latitude.If a firm's managers see advantages in selling shares as did German Gref of Sberbank, which sold a 7.6% stake for $5.2 billion in September—those sales will go ahead.
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Three point bend tests were conducted under a modified mini-FALSTAFF spectrum load sequence with various reference strain energy release rate, Gref to determine the onset-of-growth of mode II delamination.
GERMAN GREF Head of the Center for Strategic Research, Putin's think tank.
German Gref, head of Sberbank (Russia's largest bank), recently reiterated that Russia needs to wean itself of dependence on oil and gas exports and diversify its economy.
Many foreign business leaders say the appointment of Mr. Gref or members of his teams to the new government would be a good start.
That compares with a sum of $80 million given in 2003 by German Gref, then minister of economic development, now head of the Sberbank, the largest bank in Russia, and like Vladimir V. Putin a politician from St . Petersburg
"This puts Russia among those countries that have been able to create market pricing in the very important market of electricity," said German O. Gref, the head of Mr. Putin's economic overhaul team.
What Russia needs most is what Mr Putin has done most to deny it: more competition.A game of favouritesAt a recent conference German Gref, the head of Sberbank, remarked that "[Soviet leaders] didn't respect the laws of economic development.
"The only real medicine for the lack of investor confidence is real action," said Mr. Gref, a Russian of German descent, who also heads the Center for Strategic Research, a Moscow-based institute that put together the program of economic change.
German Gref, the minister of economic trade and development, likewise knew nothing.
German Gref, the head of Russia's biggest bank, Sberbank, said last night that he had been approached about buying Cypriot banks, but had turned the offer down.
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