RUSSIAN PLAN IS UNREALISTIC
Published:
21 August 2002 y., Wednesday
Yaraslau Ramanchuk, an expert from the Minsk-based Strategiya think tank, told Belapan that Russia's proposal to introduce the Russian ruble as the common currency of Russia and Belarus on 1 January 2004 is a "propagandist move" rather than a realistic plan of action.
"There would be a sense in switching over to a common currency if the [Russian] currency was stable [and] enjoyed the confidence of investors and trading partners. The Russian ruble is not a hard currency," Ramanchuk added. Another Belarusian expert, Valery Dashkevich, said Russia's currency integration proposals can hardly be implemented since they imply "the incorporation of Belarus into the Russian Federation." "If the plan is accepted, the National Bank of Belarus will turn into the Russian Central Bank's main office for Belarus, which contravenes the Belarusian Constitution," Dashkevich added.
Šaltinis:
rferl.org
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Kabul residents express mixed views on their country's future security ahead of U.S. President Barack Obama's announcement of a withdrawal plan.
more »
The U.S Food and Drug Administration will release graphic warning labels for cigarette packages this week, to remind the American public about the dangers of smoking, moving away from the smaller print warnings currently found on cartons.
more »
Amateur video footage shows the immediate aftermath of Russian plane crash. There were 52 passengers and crew aboard the Tupolev-134 when it went down on Monday night.
more »
Israel's Arava Power Company has unveiled the country's first commercial solar field. The firm, which is investing almost $2 million on building a series of plants across the Negev desert hopes to start a "Solar Revolution" in the largely arid country.
more »
Shape-shifting robot mannequins are being used by an Estonian company to help solve one of the biggest problems for the online clothing industry - giving customers clothes which fit properly.
more »
NASA releases video of a solar flare erupting from the sun.
more »
Residents of the Argentine town of Villa la Angostura are warned to stay inside after a blanket of volcanic ash descends.
more »
An energy efficient home, measuring just 3 metres cubed, is helping people realise how to cut their carbon footprint.
more »
Remote, windswept Macquarie Island in the Southern Ocean is being purged of its rabbits in a massive eradication programme designed to reverse more than a hundred years of environmental destruction.
more »
Space Shuttle Endeavour lands at the Kennedy Space Station in Florida for the last time after completing its mission to the International Space Station, as Space Shuttle Atlantis prepares for NASA’s last shuttle mission.
more »