In an interview with the Wall Street Journal, Medvedev sounds like a classically trained economist of the two-handed variety. He also highlighted the importance of European stability to Russia’s fortunes.
Asked whether Europe’s debt turmoil could threaten the euro, Mr. Medvedev said, “I don’t exaggerate the threat, but it can’t be underestimated.”
The Russian president didn’t rule out financial assistance to struggling European nations, but said the European Union should bear the burden of any major “financial injections.”
“Russia’s prosperity, to a large extent, depends on how well things are going on the European continent,” Mr. Medvedev said in an interview with The Wall Street Journal. “We are not a member of the EU, but we are a European country.”