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
Russia and other CIS countries have said that the Organization for Cooperation and Security in Europe needs to be reformed to avoid "double standards" in its work
more »
In Moscow for a one-day visit to boost German-Russian business ties, German Chancellor Gerhard Schröder praised Russian President Vladimir Putin's economic reform course
more »
Home affairs ministers from the big five EU countries - the UK, France, Spain, Italy and Germany - are meeting today near Sheffield in Northern England to discuss anti-terror measures
more »
The most significant military parade, sporting demonstration and civil machinery show took place in the Belarusian capital on the occasion of the Independence Day and the 60th anniversary of the liberation of Belarus from the Nazis
more »
David Blunkett hopes the informal meeting will aid cooperation
more »
A court in Qatar sentenced two Russians to life imprisonment for killing a Chechen rebel leader in the Gulf state and said the Russian leadership was behind the assassination
more »
Sarmīte "Sam" Bulte, a Latvian-Canadian member of parliament from the Parkdale-High Park riding of Toronto, has been reelected on the Liberal Party ticket
more »
Russian Foreign Minister Sergei Lavrov has denied media reports that Russian Ambassador to Ashgabat Andrei Molochkov had been recalled
more »
If President Vladimir Putin intended to send a message to the business community Thursday, he let events speak for themselves
more »
NATO's military activity in the Baltic region worries Moscow
more »