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Russia eligible for refinancing in Euro area: Euro Bank Pres

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The President of the European Central Bank is in Moscow for a biennial meeting with his counterpart at the Bank of Russia in Moscow.

Channel: News & Politics
Uploaded: October 12, 2007 at 9:04 am
Author: RussiaToday

Length: 03:58
Rating: 5.00
Views: 498

Tags: Bank  Central  economy  European  Jean-Claude  President  refinancing  Trichet's  

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lawsonks (October 12, 2007 at 9:56 am)
Perhaps I am paranoid but it sounds like just as Russia has paid off the debt to the World Bank - the European Bank sees an opportunity to indebt Russia again. Why should Russia suffer the credit crunch when the majority of Russians don't use credit and were not a cause of the problem?
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