“Our economy will emerge from the current situation. How long will it take? In most unfavorable circumstances, I believe that two years,” Putin said during his annual press conference with several hundred Russian and foreign journalists, cited by the agency Efe .
The head of the Kremlin ensured that the exit from the crisis and the subsequent economic growth of Russia “are inevitable” and could well start in less than two years, noting that although the world economy show signs of slowing down , economic expansion “will remain in complete safety.”
The economic situation “will change and the global economic growth will be needed additional energy resources,” Putin said, also rejecting the possibility of oil prices continue to drop.
The fall of the ruble and the Russian stock market, in turn, was attributed to external factors, particularly the price of oil, but Putin acknowledged that the country did not yield the necessary steps to diversify the economy, highly dependent on hydrocarbon exports.
The deteriorating economic situation in Russia, including the devaluation of the currency against the dollar and the oil price fall consequences for public finances have led China to offer help to Moscow.
The spokesman of the Ministry of Foreign Affairs of China said today in its usual daily press conference, that “economies are highly complementary and have enough potential for cooperation “and added that” both governments and companies of the two countries have great hope that there is cooperation and are enthusiastic about it. “
On Tuesday, the ruble fell to historically values low against the dollar and the euro, but recovered almost all the next day.
China is the second largest trading partner of Russia, following the European Union, with trade worth 63 billion euro, in addition to being an important diplomatic ally
Digital Money with Lusa
.
No comments:
Post a Comment