18 May 2011 14:29

N. Caucasus subsidies will continue - Medvedev

SKOLKOVO. May 18 (Interfax) - Subsidizing of the North Caucasus will continue until a competitive environment has been established in the region, President Dmitry Medvedev has said.

"The priority of supporting the North Caucasus certainly remains. Subsidies are a temporary measure, but they will remain until the competitive private and public industrial sector and a proper service sector start working there," Medvedev told a press conference on Wednesday.