We can tell the general public that the gold and foreign currency reserves of the Central Bank are not designed to finance the economy, but rather to ensure foreign trade turnover. Therefore, we need this level to be able to provide the necessary foreign trade turnover for such an economy as Russia's for a period of at least three months.
Vladimir PutinThe path towards a free society has not been simple. There are tragic and glorious pages in our history.
Vladimir PutinIt is extremely dangerous to encourage people to see themselves as exceptional, whatever the motivation.
Vladimir PutinIn 1995, Russia virtually gave Chechnya de facto statehood and independence even though, de jure, it didn't recognize Chechnya as an independent state. And I would like to emphasize strongly that Russia withdrew all of its troops, we moved the prosecutors, we moved all the police, dismantled all the courts, completely, 100 percent.
Vladimir PutinConcerning our possibilities on the international financial markets, the sanctions are severely harming Russia. But the biggest harm is currently caused by the decline of the prices for energy. We suffer dangerous revenue losses in our export of oil and gas, which we can partly compensate for elsewhere. But the whole thing also has a positive side: if you earn so many petrodollars - as we once did - that you can buy anything abroad, this slows down developments in your own country.
Vladimir Putin