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Russia’s economic growth may help solve problems of euro zone

Vekselberg said Russia and other dynamically developing countries should be integrated into the global economic system

BERLIN, September 5 (Itar-Tass) - Russia’s economic development would help the euro zone and the entire world to solve their problems, according to Viktor Vekselberg of Russia’s Skolkovo Foundation, a thinktank.

“While many of the European states are taking effort to overcome the recession, Russia is one of the few points of growth,” he said in a comment published in Thursday’s Handelsblatt issue. “Tanks to this, Europe and the rest of the world are benefiting from Russia’s constant [economic] growth. Further development of such vast markets can help other countries to emerge from the recession, in case they have close economic ties with each other.”

Vekselberg said Russia and other dynamically developing countries should be integrated into the global economic system in order to give a fresh impetus prompting the growth of the global economy. “All of us - I mean the world economies - are in the same boat,” he noted. “That is why we are allies rather than rivals.”