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
President of the Republic of Lithuania Valdas Adamkus sent congratulations to the President of the Republic of Finland Tarja Kaarina Halonen on Finland's national holiday, the Independence Day.
more »
President Adamkus said that the memory of such an eminent archpastor has far transcended the boundaries of the Russian Orthodox Church.
more »
President of the Republic of Lithuania Valdas Adamkus congratulated His Majesty King Bhumibol Adulyadej of Thailand and all Thai people on their national holiday, the National Day.
more »
Acting Prime Minister Gediminas Kirkilas is going to attend the forthcoming international conference “Solidarity for the Future” scheduled to take place on 5-6 December 1988 in Gdansk (Poland).
more »
Acting pursuant to Art. 84(4) of the Constitution of the Republic of Lithuania, the President of the Republic of Lithuania Valdas Adamkus has signed a decree to approve the composition of the Government of the Republic of Lithuania.
more »
Gediminas Kirkilas talked about energy security reinforcement projects in Lithuania, a new nuclear power station, power bridges to Sweden and Poland as well as projections for a LPG terminal.
more »
On 2 December, State Secretary of the Ministry of Foreign Affairs of Lithuania Deividas Matulionis took part in an annual Summit of the Baltic Development Forum in Copenhagen.
more »
President of the Republic of Lithuania Valdas Adamkus extended condolences on behalf of himself and all people of Lithuania to the President of the Republic of India Pratibha Devisingh Patil on violence and human victims in the Indian city of Mumbai.
more »
The Head of State congratulated J. Bertomeu and members of the Union of European Basketball Leagues (ULEB) on the start of the Eurocup championship in Vilnius.
more »
The Baltic Summit annually gathers the presidents of the three Baltic States.
more »