Head of Russian delegation to OSCE PA says Ukraine not ready for dialogueRussian Politics & Diplomacy February 25, 5:02
Russian baritone Hvorostovsky cancels concerts due to continuing treatmentSociety & Culture February 25, 3:22
Russian prime minister declares 3rd Winter World Military Games openMilitary & Defense February 24, 22:33
Russia to veto UNSC resolution imposing sanctions on Syria — envoyRussian Politics & Diplomacy February 24, 22:29
Ukrainian MP Savchenko arrives in Donetsk republic to visit Ukrainian prisoners — agencyWorld February 24, 22:25
Russian Defense Ministry surprised over German MPs reaction to Reichstag miniature plansRussian Politics & Diplomacy February 24, 16:32
Iraq's PM orders airstrikes on IS positions in SyriaWorld February 24, 16:09
Nord Stream 2 financing model to be ready by year end - OMVBusiness & Economy February 24, 13:44
Churkin left bright mark in history of Russian diplomacy, Lavrov saysRussian Politics & Diplomacy February 24, 12:20
KHMELEOVO, (Bryansk Region) January 27./TASS/ Standard &Poor's decision to lower Russia's rating is clearly political said Russia's Prime Minister Dmitry Medvedev on Tuesday.
"What is it if not a political decision? Of course, all of us will get over it, but it is bad, since it makes the situation in the country difficult, and I'll be frank, in the world," Medvedev said.
"All these ratings, that everyone is talking about, it's obvious that it is a political tool in its purest form,» Medvedev said. "And I say that, not only because certain decisions have been made about my country," he added, while questioning the mechanism of how these ratings are formed.
The Prime Minister reminded that a number of countries have imposed restrictions against the Russian economy. "Is that a political decision? Certainly, without a doubt, and then, on the basis of that conclusion, we decide that a particular economy is not working as it should," Medvedev said.
According to him, the decision to downgrade Russia's credit rating was made based on the allegations that the "economy is not coping well.".
Medvedev pointed out the Russian government and representatives of business should work out concrete decisions due to the downgrade of Russia’s sovereign credit rating by S&P.
"We should work out concrete decisions, which will help our economy in those conditions," Medvdev said.