We negotiated the construction of a gas pipeline system along the bottom of the Black Sea to Bulgaria. We signed certain treaties of a technical nature, contracts for laying the gas pipeline. And then Bulgaria created such conditions that the project's implementation became impossible, which was obviously against its own national interests. The former Bulgarian leadership was, in fact, aware of that and acknowledged it. But we trusted them when we were launching that project. We sustained losses amounting to millions, several million dollars. We would not want to get into such situations.
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 PutinJudo has been part of Japanese culture for a long time. It makes sense to me that this sport, which is both athletic and philosophical, was created in Japan. It is based on respect for the partner and for our elders as our teachers, which is very important and makes a strong, positive contribution to human relationships, and not only in sports. I am happy that life brought me to this wonderful sport as a child. It is like my first love.
Vladimir PutinIf the United Kingdom considers it necessary to start a dialogue on certain issues, we are ready for that, we are not going to pout or sulk. We take quite a pragmatic approach towards cooperation with our partners and we believe that it would be beneficial for both our countries.
Vladimir PutinRussia is a very reliable and big market. I don't remember the figure but, for example, the German machine-building industry has been increasing its supplies to Russia every year. These supplies are huge. Does someone want to discontinue these supplies? We'll buy from somebody else.
Vladimir PutinThe Far East is of particular significance for us in terms of this region's priority development. Over the last few years, let us say even over the last decades, we were faced with many problems here. We paid little attention to this territory although it deserves a lot more of it, because it concentrates great wealth as well as opportunities for Russia's future development.
Vladimir PutinWhen Saddam Hussein was eliminated, the Iraqi statehood and thousands of people from the former Baath party were also eliminated. Thousands of Iraqi servicemen, who were part of the state's Sunni elite, found themselves thrown out into the street. No one gave a thought about them, and today they end up in the ISIS army.
Vladimir Putin