Economy

Ghost Dog

(16,881 posts)

76. Russia ready to help EU fight debt crisis via IMF

Wed Dec 14, 2011, 11:32 AM

Dec 2011

Russia is open to any requests from the European Union for assistance in fighting Europe’s sovereign debt crisis and is ready to help finance regional anti-crisis measures via the International Monetary Fund, Kremlin aide Sergei Prikhodko said on Wednesday.

“We are exclusively interested in joint and solidarity efforts by the EU countries that could help them overcome those complex and ambiguous processes that are threatening the stability of the euro area, at least its financial stability, and could affect the scope and nature of cooperation with Russia,” Prikhodko said...

... “We are interested in the stability of the euro, at least in the preservation of the role played by the euro in serving the commodity trade turnover, investment, scientific and technical and other cooperation between Russia and the European Union,” Prikhodko said.

The EU accounts for about 50 percent of Russia’s foreign trade while Russia is the EU’s third largest trading partner after the United States and China. Also, the euro holds a 41 percent share in Russia’s international reserves, Prikhodko said...

/... http://en.rian.ru/business/20111214/170244459.html

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