Putin believes ending bloodshed in Syria crucialRussian Politics & Diplomacy July 27, 17:48
Russia’s 6th-generation fighter jet to get lasers capable of burning missile homing headsMilitary & Defense July 27, 17:36
Washington to use new sanctions to curb Russian energy projects, experts sayBusiness & Economy July 27, 17:15
Putin says Russian-Chinese cooperation is not aimed against any third countriesRussian Politics & Diplomacy July 27, 17:11
Expert believes US bill on anti-Russian sanctions may trigger new Cold WarRussian Politics & Diplomacy July 27, 16:03
Keying into the Russian Central Bank's key rateBusiness & Economy July 27, 15:59
Decision to strip Saakashvili of Ukrainian citizenship ‘not Kremlin’s problem’Russian Politics & Diplomacy July 27, 15:43
NHL three-time Stanley Cup winner Malkin still hopes to play for Russia at 2018 GamesSport July 27, 15:33
Brazilian football team’s staff kick off Russian language practice ahead of 2018 World CupSport July 27, 14:48
NOVO-OGAREVO, October 25 (Itar-Tass) — Russian President Vladimir Putin believes that the German position to tackle the European debt crisis is right and believes that a system-based approach is needed to cope with it.
“The German leadership takes a pragmatic position and believes that it is necessary to solve the system problems, and then inject extra funds,” the president said at a meeting with members of the Valdai international discussion club. According to him, “Certain monetary actions give only short-term effect.” “It’s like a tablet that removes the temperature, but does not cure the disease,” he stressed.
The Russian leader made ··a reservation that in his view, it is inappropriate to comment on the crisis in Europe. “It’s after all not our problem, It would be not very correct of me to comment on that, because I have great respect for the European colleagues, they face enormous challenges - economic, social, political - and I would not want to interfere with my comments, which one way or another will press them,” Putin said. However, he noted that “the systemic crisis in the euro area is linked not only with debts, it is much deeper, it is partly political and partly technological in nature, the problems are partially linked with the integration process itself.” The Russian president said that the political problems are caused by the fact that some “party is striving for power and relentlessly promises everything, and then tries to fulfil the promises, and if it fails, then it has no chances at the next elections.”
“The level of the productive forces, technological development fails to meet the aspiration to consume that is growing so quickly and steadily,” he stressed.