G7 summit kicks off in ItalyWorld May 26, 13:55
Kremlin spokesman says Russia stands with UK in war on terrorRussian Politics & Diplomacy May 26, 13:13
Russia looks for traces of extra-terrestrial life forms on ISS surfaceScience & Space May 26, 13:04
Press review: NATO's anti-terror Trump card and US' Syrian civilian body countPress Review May 26, 13:00
Russia warns NATO against military buildup along eastern borderRussian Politics & Diplomacy May 26, 12:01
Russia to sell over 360 cutting-edge helicopters by 2030Military & Defense May 26, 11:37
Trump’s limo too big to fit through Royal Palace gates in BrusselsWorld May 26, 11:18
Russian ambassador says Paris remains important partner for MoscowRussian Politics & Diplomacy May 26, 10:20
Siberia’s forest fires quadruple to engulf 30,000 hectaresWorld May 26, 9:45
MOSCOW, March 18 (Itar-Tass) – Russian President Vladimir Putin on Monday morning held a meeting with senior presidential administration officials, aides and advisers to discuss the economic situation in the euro zone, his press secretary Dmitry Peskov told reporters.
According to Peskov, Putin at the meeting reiterated that Russia is interested in de-offshorization of economy and absolutely transparent and clear economic conditions everywhere for nobody to have an opportunity to evade tax payment and hide incomes. Putin said about this earlier in his address to the Federal Assembly.
Assessing the decision to impose a levy on deposits in Cyprus, Putin said the decision if approved was unfair, unprofessional and dangerous.
As was earlier reported, Cyprus's authorities at the Eurogroup meeting in Brussels on Saturday morning agreed on the unprecedented terms for a loan to be provided to save Cyprus from default. The decision has shocked Cypriots, depositors who have accounts in banks in Cyprus, investors and experts. It suggests forcing deposit holders to finance the anti-crisis programme. There were no such measures in euro zone countries before. It will undoubtedly cause outflow of capitals from Cyprus, shake confidence of investors in the entire euro zone and can provoke a new wave of the crisis in Europe. For Cyprus, the decision will mean an end of the dream to create an international investment centre and an economic model based on providing of financial and legal services for local and foreign companies and individuals, which accounted for up to 80 percent of the republic's GDP.