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Medvedev believes aid to Greece should be targeted and transparent

Medvedev stressed that the BRICS countries are interested in the preservation of one of the key reserve currencies - the euro, but the support should be “provided sensibly”

CANNES, November 4 (Itar-Tass) — Russian President Dmitry Medvedev believes that aid to Greece “should be targeted, clear and transparent, and not spread anyhow in a thin layer.”

Answering journalists’ questions the Russian head of state stressed that the BRICS countries (Russia, India, Brazil, China, South Africa) are interested in the preservation of one of the key reserve currencies - the euro, but the support should be “provided sensibly.”

Medvedev agreed that the G20 Thursday’s summit of “turns round the theme of the economic crisis in the euro area and an eccentric position of Greece, which has been changed several times.” The Russian president said that on Wednesday and Thursday morning it was said that “the referendum should be held by all means, but reports came by the evening that there will be no referendum and that it is much more important to agree on support from the EU and the IMF.”

“The situation is uncertain, but I still hope that the leadership of Greece, the Greek Government, I do not know which - the current or coalition – will have enough self possession to carry through this course and get the means to overcome the large-scale crisis,” the Russian leader said.

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