NATO’s actions create risks to European security — Russian NATO envoyRussian Politics & Diplomacy October 27, 19:52
Putin: Moscow ready to resume gas supplies to Ukraine on prepaid basisBusiness & Economy October 27, 19:47
Putin is sure Russia and Ukraine will find way to end crisisRussian Politics & Diplomacy October 27, 19:32
Refugee crisis demonstrates EU incapacities — Austria’s ex-presidentWorld October 27, 19:08
Putin: Russia is not going to attack anyoneRussian Politics & Diplomacy October 27, 18:20
Putin urges new Marshall Plan for Middle East to see recovery and growthRussian Politics & Diplomacy October 27, 17:30
Zakharova slams Latvia’s crusade against historical memory as harmful to kids’ educationRussian Politics & Diplomacy October 27, 17:22
Russian diplomat rejects Kiev reports on armed police mission in DonbassRussian Politics & Diplomacy October 27, 17:07
Lavrov: Russian leaders need no one’s permission to visit CrimeaRussian Politics & Diplomacy October 27, 17:03
KIEV, November 16 (Itar-Tass) —— Ukraine cannot attract new credits permanently to pay off previous state debts, Ukrainian Prime Minister Nikolai Azarov said in his opening speech at a meeting of the government here on Wednesday. He noted that the country should begin “getting out from the deadlock gradually, where the previous state authorities made the country plunged into due to their unreasonable policy of social populism and a risky crediting strategy.”
“Certainly we can just go along the same path – to take credits, while they give it to us, namely credits to pay off previous credits, then the credits to repay these credits, and what result will be achieved? Up to nonsense?” Azarov said, calling this variant of development “absurd” and comparing the situation with that in Greece.
“Our state debt management strategy is the debt repayment thanks to the growth, which our economy begins to show finally, rather than at the expense of social expenditure cuts,” he pointed out. Azarov emphasized that starting from the next year the government intends to pursue the policy to reduce the state debts in proportion to the GDP level.