Saint-Petersburg is cultural and intellectual capital of Russia; it is the city of high scientific and technical potential. In 2004 St. Petersburg Government undertook active steps to stimulate the investments. Effective strength of the investments is confirmed by statistics. Stability of Saint-Petersburg economic development is proved by the leading international credit rating agencies. The long-term rating of Saint-Petersburg is raised by Standard & Poor’s up to BB+ (accordingly), Moody’s Investors Service — up to Baa3 (rus). | 
