6:10 PM
Jalal HB
Full Story: Pravda 8 November 2011
Pravda reports that the Russian President Dmitry Medvedevhas promised financial support to the Eurozone at the G20 summit in Cannes. The Russian president made the statement because Russia is part of Europe and is concerned about its problems. No specific numbers were mentioned, but the Russian leader said that foreign aid cannot be decisive, and Europe must save itself.
It may be added that earlier the French President had requested China, with its foreign exchange reserves amounting to $3.2 trillion, to help Europe overcome its monetary crisis.
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