Sberbank: Participants of Sberbank's business lunch identified major challenges for Russia and Europe
EquityStory.RS, LLC-News: Sberbank / Key word(s): Miscellaneous
Sberbank: Participants of Sberbank's business lunch identified major
challenges for Russia and Europe
30.01.2012 / 11:03
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Participants of Sberbank's business lunch identified major challenges for
Russia and Europe
January 27, 2012 Davos (Switzerland) - Participants of Sberbank's business
lunch held during the Davos forum identified by e-voting the main
challenges for Russia and Europe.
By results of voting the major nine challenges for Russia positioned in the
following order:
1. corruption - 23.8% votes,
2. excessive public sector - 17.5%,
3. outdated political system - 16.2%,
4. low efficiency of authorities - 11.2,
5-6. voting fatigue from current political elites and lack of trust in the
society - 8.8%,
7. disrespect to property rights, distrust in market mechanisms - 7.5%,
8. demographic bay - 3.8%,
9. polarization in the society - 2,5%.
'Top nine' challenges for Europe:
1. large differences among countries in terms of competitiveness and
quality of institutes - 29,4%,
2. leadership and strategic vision deficit - 25.9%,
3. debt and financial crises - 14.1%,
4. reluctance to admit principal errors in creation of the Euro zone -
10.6%,
5. paternalism of the population - 5.9%,
6-7. differences among countries in value systems and high unemployment of
youth - 4.7%,
8. populism of authorities - 3.5%,
9. ageing of population - 1.2%.
Members of the event also evaluated efficiency of Russian and European
authorities on nine-point scale (1 - absolutely inefficient, 9 - extremely
efficient). 27.9% of voters gave 'three' points to Russian authorities,
19.1% - 'one', and 17.6% - 'four'. The highest points were proposed by 1.5%
of participants. As to evaluation of efficiency of the European
authorities, the majority of votes were for 'three' (24.6%), 'five' (21.7%)
and 'four' (20.3%) points.
# # #
OJSC 'Sberbank of Russia'
Public Relations Administration
tel. +7(495) 957 5721
media@sberbank.ru
End of Corporate News
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Language: English
Company: Sberbank
19 Vavilova St.
117997 Moscow
Russia
Phone: +7-495-957-57-21
E-mail: media@sberbank.ru
Internet: www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557
Listed: Foreign Exchange(s) MICEX, RTS
End of News EquityStory.RS, LLC News-Service
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154400 30.01.2012
EquityStory.RS, LLC-News: Sberbank / Key word(s): Miscellaneous
Sberbank: Participants of Sberbank's business lunch identified major
challenges for Russia and Europe
30.01.2012 / 11:03
---------------------------------------------------------------------
Participants of Sberbank's business lunch identified major challenges for
Russia and Europe
January 27, 2012 Davos (Switzerland) - Participants of Sberbank's business
lunch held during the Davos forum identified by e-voting the main
challenges for Russia and Europe.
By results of voting the major nine challenges for Russia positioned in the
following order:
1. corruption - 23.8% votes,
2. excessive public sector - 17.5%,
3. outdated political system - 16.2%,
4. low efficiency of authorities - 11.2,
5-6. voting fatigue from current political elites and lack of trust in the
society - 8.8%,
7. disrespect to property rights, distrust in market mechanisms - 7.5%,
8. demographic bay - 3.8%,
9. polarization in the society - 2,5%.
'Top nine' challenges for Europe:
1. large differences among countries in terms of competitiveness and
quality of institutes - 29,4%,
2. leadership and strategic vision deficit - 25.9%,
3. debt and financial crises - 14.1%,
4. reluctance to admit principal errors in creation of the Euro zone -
10.6%,
5. paternalism of the population - 5.9%,
6-7. differences among countries in value systems and high unemployment of
youth - 4.7%,
8. populism of authorities - 3.5%,
9. ageing of population - 1.2%.
Members of the event also evaluated efficiency of Russian and European
authorities on nine-point scale (1 - absolutely inefficient, 9 - extremely
efficient). 27.9% of voters gave 'three' points to Russian authorities,
19.1% - 'one', and 17.6% - 'four'. The highest points were proposed by 1.5%
of participants. As to evaluation of efficiency of the European
authorities, the majority of votes were for 'three' (24.6%), 'five' (21.7%)
and 'four' (20.3%) points.
# # #
OJSC 'Sberbank of Russia'
Public Relations Administration
tel. +7(495) 957 5721
media@sberbank.ru
End of Corporate News
---------------------------------------------------------------------
30.01.2012 Dissemination of a Corporate News, transmitted by
EquityStory.RS, LLC - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
EquityStory.RS, LLC's Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Sberbank
19 Vavilova St.
117997 Moscow
Russia
Phone: +7-495-957-57-21
E-mail: media@sberbank.ru
Internet: www.sberbank.ru
ISIN: US80585Y3080, RU0009029540, RU0009029557
Listed: Foreign Exchange(s) MICEX, RTS
End of News EquityStory.RS, LLC News-Service
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154400 30.01.2012