Putin says excessive trust in Europe is Russia’s key mistake in past yearsRussian Politics & Diplomacy October 19, 21:03
Russia determined to contribute to Ukraine's unification — PutinRussian Politics & Diplomacy October 19, 20:14
Situation surrounding North Korea highly dangerous, Putin saysRussian Politics & Diplomacy October 19, 19:59
Putin: Russia ready to move towards universal nuclear disarmamentRussian Politics & Diplomacy October 19, 18:53
Russia to give immediate mirrored response to US withdrawal from INF Treaty — PutinRussian Politics & Diplomacy October 19, 18:49
Europe’s supporting separatism in some states triggered Catalan events — PutinRussian Politics & Diplomacy October 19, 18:43
Putin: US failing to honor commitments for plutonium disposalRussian Politics & Diplomacy October 19, 18:04
US sanctions aimed at forcing Russia out of European energy market — PutinBusiness & Economy October 19, 17:59
Some countries do their utmost to preserve chaos in Middle East — PutinRussian Politics & Diplomacy October 19, 17:42
YALTA, September 28 (Itar-Tass) —— The present-day currency system needs an extra bearing, Russian Prime Minister Dmitry Medvedev said on Friday.
“The current currency system is unstable,” he said at an investment forum in the Crimean resort city of Yalta. The global currency system, in his words, “requires addition support,” and Russia’s currency unit, the rouble “has all the chances to be such.”
“The world is now in a situation when neither of the reserve currencies may claim to be exclusive,” he said. He recalled that back in 2008 and in 2009 everybody was concerned over the U.S. dollar while now “we are apprehensively looking at Europe.” “We are concerned over the euro zone, making guesses whether Greece would be given some money or it would eventually split to trigger a chain reaction of collapse of the entire European Union,” Medvedev said.
According to the Russian prime minister, due to its geographical location, Moscow is destined to be an international financial centre. “The Moscow financial centre is now only forming, although we have spent much effort and funds for these ends,” he noted. “Due to geographic reasons, Russia’s undoubted role is to be a bridge between economies of various countries.”