Dec 17 2014 - 21:04
Russian President Vladimir Putin's spokesman Dmitry Peskov said that instability in Ukraine had a negative impact on Russia, European partners and the world economy. In his words, Russia was consistently doing all it could to bring peace to Ukraine, Interfax reports.
Dec 17 2014 - 19:23
Speaker of the Federation Council of Russia Valentina Matviyenko believes that members of the Eurasian Economic Union should use national currencies for trade more often, RIA Novosti reports. In her words, a common currency should only be adopted when the economies of the four countries need it. The lawmaker reminded that the EU took a lot of time to adopt the euro.
Dec 17 2014 - 18:49
Maya Kocijancic, a spokeswoman of the EU chief diplomat, said that the Union was urging Russia to demonstrate a wise and symmetrical response to the terrorist attack in Grozny on December 4 and the following situation around protection of human rights, RIA Novosti reports.
Dec 17 2014 - 18:30
Ahmet Palankoyev, an Ingush senator, the head of the Russian-Turkish Business Council, said that the Russian authorities and business should not despair and should mobilize. In his words, Russia is under an economic blockade and in an economic war. The senator called import displacement one of the main instruments in the situation. He added the need the develop imports, logistics, customs procedures and stimulation of business.
Dec 17 2014 - 16:53
British Prime Minister David Cameron told the UK parliament that Russia could not be a member of the world financial system. In his words, the weakening of the Russian ruble was a result of falling oil prices and foreign sanctions. Cameron assured that he will insist on further pressure on Russia, Gazeta.ru reports. The British PM had earlier said that Russia's isolation over its policy in Ukraine had weakened the economy and made it more vulnerable to world economic downturns.