MOSCOW Russia (Xinhua)
-- The holding of the 2018 FIFA World Cup
will increase Russia’s Growth Domestic Products (GDP) in 2018 by 0.1
to 0.2 percentage points, the country’s central bank said Friday.
"Holding such a large-scale international event will additionally
support the growth (in production) in the second quarter, and by the
end of the year, its contribution to GDP growth may reach 0.1-0.2
percentage points," governor of the Russian central bank Elvira
Nabiullina was quoted by Tass news agency as saying at a press
Meanwhile, the head of the bank said the World Cup will have
little influence on Russia’s inflation, with only short-time effects
in certain cities and on certain goods and services, primarily
consumed by tourists.
She also expressed hope that the games will only have a positive
impact on "expectations and sentiments" of both Russian citizens and
According to its press service, the central bank forecasts
Russia’s annual GDP growth in 2018 to be 1.5 to 2 percent, and
annual inflation 3.5 to 4 percent at the end of the year.
The 2018 World Cup kicked off here on Thursday and is scheduled
to be held till July 15, with a total of 64 matches to be played at
12 stadiums in 11 Russian cities.
Non-attendance at World Cup
not boycott: Finnish Foreign Minister
HELSINKI Russia (Xinhua) --
While Finnish Foreign Minister Timo Soini announced
on Friday that he would not be going to Russia to watch the World
Cup games, the foreign ministry said the non-attendance decision is
not a boycott.
Until Friday, Soini had not responded to media questions about
his World Cup plans.
Earlier, other leading Finnish politicians, including President
Sauli Niinisto, Prime Minister Juha Sipila and Sports Minister Sampo
Terho, had announced they would not go but noted that it was not a
Finland is not playing in the games.
The Finnish attitude differs from that of neighboring Sweden.
Swedish Sports Minister Annika Stranhall recently expressed concern
with the state of democracy and human rights in Russia.
In the Nordic area, besides Sweden, Icelandic leaders have also
said they would stay away on a boycott basis.
Reports about the intentions of Danish politicians have been
Markku Jokisipila, director of the parliamentary research center
at Turku University, told national broadcaster Yle that the stands
of leading Finnish politicians are in line with the Finnish policy
"Finland does not accept all the actions on Russia, but wants to
keep the dialogue open between the two countries."
Jokisipila said a Finnish boycott would have been odd as Finland
has been arranging bilateral meetings at ministerial and head of
In April, 60 members of the European parliament signed an open
letter calling European politicians not to go to the games.
not lead to a joint EU approach, however.