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Storchak sees no reasons for aggravation of world finmarket situation

"There are no fundamental messages, at least on the surface of financial waters," said Russian Deputy Minister of Finance
Photo ITAR-TASS
Photo ITAR-TASS

MOSCOW, June 13 (Itar-Tass) - Russian Deputy Minister of Finance Sergei Storchak sees no reasons for an aggravation of the situation on world financial markets. "There are no fundamental messages, at least on the surface of financial waters," he told journalists on Thursday.

"It may be that something does happen, just as at one time we did not see a swell of the problem regarding the Lehman Brothers. But, I repeat, I do not see obvious reasons why the markets have got feverish," he pointed out.

Storchak did not rule it out that the deterioration of the situation on the financial markets might be caused by political tension in some regions of the world or by emotion-charged estimates of statements being made by members of influential financial circles.

The Deputy Minister said the Finance Ministry launched preparations for its own bond issue and started a dialogue with top managers, after which the Ministry would be able adequately to evaluate the situation on the markets.