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Russia: Putin suggests more unified Eurasian Economic Council monetary policy02:20

Russia: Putin suggests more unified Eurasian Economic Council monetary policy

Russian Federation, Moscow
May 8, 2015 at 11:47 GMT +00:00 · Published

President Vladimir Putin hosted a summit of the Eurasian Economic Council (EEC) at the level of heads of state in Moscow, Friday, on the eve of Saturday's 'Victory Day' parade on Red Square.

During the meeting, Putin praised the success of the EEC since the union began operations but called for closer integration in order to help the countries central banks withstand the negative effects of "drastic exchange fluctuations." Putin emphasised a lot of legal work needs to be done before the next EEC meeting in Astana in October.

The Russian leader added that cooperation must be the hallmark of the EEC in order to create "prosperity for our people."

Russia: Putin suggests more unified Eurasian Economic Council monetary policy02:20
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Description

President Vladimir Putin hosted a summit of the Eurasian Economic Council (EEC) at the level of heads of state in Moscow, Friday, on the eve of Saturday's 'Victory Day' parade on Red Square.

During the meeting, Putin praised the success of the EEC since the union began operations but called for closer integration in order to help the countries central banks withstand the negative effects of "drastic exchange fluctuations." Putin emphasised a lot of legal work needs to be done before the next EEC meeting in Astana in October.

The Russian leader added that cooperation must be the hallmark of the EEC in order to create "prosperity for our people."

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