Current economic situation provoked by external factors — Putin

MOSCOW, December 18. /TASS/. The current economic situation is provoked first of all by external factors, Russian President Vladimir Putin said. The Central Bank and the government of the Russian Federation undertake adequate measures in the current situation, Putin said. “There are questions both to the government and to the Central Bank regarding the timeliness, quality of the measures, but generally speaking — the actions are absolutely adequate and in correct directions,” he said. The Russian president said he does not rule out methods of 2008 may be used for overcoming the present situation. However, the Russsian leader pledged that all social commitments will be preserved. A way out of the current situation and Russia’s economic growth are imminent. It will take two years if the situation unfolds according to the most unfavorable scenario, he stressed. Read more