Europe continues to drown in the swamp of the world financial crisis. The countries of the eurozone have taken tough measures to cut budget deficits, but the southern part of the continent faces a serious danger of bankruptcy. Russia appears to be an island of stability amid major wars between currencies. The IMF asked Russia for $15 billion to stabilize global markets – this is an outstanding event in the world of finance indeed. It seems that the fate of the joint European currency now depends on the Kremlin.

More:  http://english.pravda.ru/russia/economics/21-06-2011/118272-euro-0/