Looking at the map of the Russian Federation, one can see a country covering mostly northern areas; today more than 70 percent of our territory is or can be referred to as northern, if not the Far North. We have a rather small warm Black sea strip in the South and - to tell the truth - quite a few regions with a hospitable warm climate.
Vladimir PutinWe still have a great amount of work to do in social development, including resolving one of the biggest challenges we face in this area, namely, reducing the gap between high-income earners and people, citizens of our country, who are still living on very modest means indeed. But we cannot, of course, adopt the solution used 80 years ago and simply confiscate the riches of some to redistribute among others. We will use completely different means to resolve this problem, namely, we will ensure good economic growth.
Vladimir PutinWe do not have to borrow in the external market, but we have used and are using this traditional instrument in international financial relations.
Vladimir Putin