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Quote by Vladimir Putin

“There are many issues in the global economy in general and in the western economy as well: population ageing, drop in labour productivity growth rates. This is obvious. The overall demographic situation is very complicated.”

Quote by Vladimir Putin

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Vladimir Putin is the President of Russia, born on October 7, 1952. Since 2000, Putin has served multiple terms as the President of Russia, profoundly impacting the political, economic, and social development of the country. more

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“Then, the specialists themselves, probably believe that in the course of EU expansion, for example, some elements concerning the readiness of some economies to enter the Eurozone have not been taken into account.”

Believe Courses Economy Taken Example Elements Accounts Expansion Readiness Specialists Eurozone

Author:Vladimir Putin

“It is very difficult to enter a single currency zone having fairly weak economic parameters and maintain a favourable state of the economy, not to mention positive growth rates. We have witnessed it not only in Europe, but for example in Argentina (nearly 10 years ago or more), when they tied the national currency to the dollar and later they did not know what to do about it.”

Knows Years States Difficult Growth Economy Economic Example Europe Years Ago Weak Dollars Rate Zone Tied Currency Argentina Parameters

Author:Vladimir Putin

“We believe in the fundamental principles of the European economy.”

Believe Principles Economy Fundamentals Fundamental Principles

Author:Vladimir Putin

“We see that leaders in Western Europe [there are some debates of course, we also see that and analyse it all] stick to, I cannot say right or wrong ones, it always depends on someone's view, but I think, very pragmatic approaches in addressing economic issues.”

Thinking Courses Views Leader Issues Economic Depends Approach Europe Sticks Western Debate Pragmatic Western Europe Economic Issues

Author:Vladimir Putin

“They [leaders in Western Europe] do not misuse financial instruments, financial injections, but, first of all, seek structural change. This is urgent for our economy as well, maybe even more urgent bearing in mind the problem that we cannot yet deal with, namely the prevalence of the oil and gas sector in the Russian Federation and, as a result, dependence on revenue from oil and gas.”

Mind Firsts Wells Problem Results Deals Leader Economy Europe Instruments Western Financial Oil Gas Dependence Revenue Urgent Misuse Federation Oil And Gas Injection Western Europe

Author:Vladimir Putin

“This is also evident in Europe, not the dependence on oil and gas, but the fact that structural reforms are long overdue, and I think that the leading economies are very pragmatic and efficient in addressing the issues facing the European economy. That is why we keep approximately 40 percent of our gold and foreign currency reserves in euros.”

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Author:Vladimir Putin

“I do not want to answer provocative question.”

Want Answers Provocative

Author:Vladimir Putin

“I repeat that, in my opinion, the European Commission and the leading European economies are acting very pragmatically and are on the right path.”

Acting Opinion Economy Path Repeats Right Path

Author:Vladimir Putin

“When the ruble is weaker, it is easier to sell, to produce here for a cheap ruble and sell for an expensive dollar, get revenue in dollars and then exchange it for rubles and get a bigger income. This is simple.”

Simple Produce Easier Bigger Sells Dollars Income Expensive Revenue

Author:Vladimir Putin

“If we speak about fundamental things, regulation of the rate is actually the function of the main regulator, namely the function of the Central Bank. And it should think of how the economy and industry react, but also of its fundamental tasks in order to ensure the stability of the rate.”

Ifs Thinking Should Order Speak Economy Industry Tasks Function Fundamentals Rate Stability Regulation Central Banks Regulators

Author:Vladimir Putin