Kremlin will not react towards Ukraine's MP Savchenko arrival in MoscowRussian Politics & Diplomacy October 26, 14:34
Head of auditor giant wins Top Russian Managers AwardBusiness & Economy October 26, 14:31
Flying laboratory for A-100 Premier advanced aircraft radar takes off for first timeMilitary & Defense October 26, 14:29
NATO defense ministers discuss more presence in Black Sea region — StoltenbergWorld October 26, 14:24
FIDE president hopes US authorities to grant him entry visa next weekSport October 26, 14:20
Medvedev, participants in Open Innovations forum leave confernce hall for security reasonsBusiness & Economy October 26, 14:03
Russian early warning and control aircraft A-50 take part in CIS air defense drillsMilitary & Defense October 26, 13:55
Diplomat stresses Russia carries out no airstrikes near AleppoRussian Politics & Diplomacy October 26, 13:46
Russian diplomat points out EU refusal to establish contacts with Eurasian Economic UnionRussian Politics & Diplomacy October 26, 13:23
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.