Thursday, April 26, 2007

HIGHLIGHTS-Putin's annual address to parliament

(Reuters) - ** Putin said foreign money was being channelled into Russia to meddle in domestic politics, and called for tougher legislation to fight extremists. ** Putin said the introduction of a system of proportional representation would ensure a fair result in this December's lower house election. Russia's strategic direction will depend directly on the new parliament, he said.

** He announced a housing offensive. Some of the proceeds of the auction of assets in bankrupt oil firm YUKOS should be ploughed into homebuilding, he said.


Read more at Reuters.com Bonds News

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