I have great love and respect for Russian history and culture. But the world is changing and Russia is too. Russia is part of the modern world, not the world of the past but the modern world. And I believe it has an even greater future than some other countries that can't take care of their young people, of the new generations, of their children, and believe that they can just let things slide.
Vladimir PutinThis 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.
Vladimir PutinLet us not forget that we have two governmental reserve funds: the Reserve Fund and the National Wellbeing Fund that represent together $100 billion.
Vladimir PutinVery interested in expanding the number of participants who will take part in laying the new gas pipeline in Europe.
Vladimir Putin