Former Finnish PM points to signs of improvement in Russia-West relationsWorld May 24, 17:20
Russia's legendary Su-27 fighter marks 40 years since its first flightMilitary & Defense May 24, 17:19
Russian lawmaker comments on US decision to end military subsidies to UkraineRussian Politics & Diplomacy May 24, 16:30
Nine Russian missile regiments rearmed with advanced ICBM systemsMilitary & Defense May 24, 16:01
Perm session completes cycle of regional offsite events in run-up to SPIEF 2017Press Releases May 24, 15:38
Ka-52 helicopters to have advanced weapon targeting systemMilitary & Defense May 24, 15:09
Amsterdam Court may look into appeal against Scythian Gold ruling in fallSociety & Culture May 24, 15:04
Russian ground forces to be fully rearmed with Iskander-M ballistic missiles by late 2020Military & Defense May 24, 14:58
Russian security chief calls for cooperation on cyber threatsRussian Politics & Diplomacy May 24, 14:34
MOSCOW, June 03. /ITAR-TASS/. The Eurasian Economic Commission (EEC), which comprises Russia, Kazakhstan, and Belarus, sees no point in launching a single currency before the establishment of a common financial market and a single financial regulator, Tatyana Valovaya, EEC Minister of Integration and Macroeconomics, said Tuesday at a news conference.
“Until we establish a single financial market, there is no point in raising the issue of a single currency. But we need to develop cooperation in the currency sphere, to carry out a coordinated macroeconomic policy,” Valovaya said.
“It is necessary to reach a certain stage of economic integration (to establish the single currency). The EEU needs to work more before the necessity in a single currency appears," she said.