Russian President Vladimir Putin and his Belarusian counterpart, Alyaksandr Lukashenka, meeting in Minsk on 30 November, endorsed a draft accord on the introduction in 2005 of the Russian ruble as the Belarus-Russia Union's single currency
Published:
4 December 2000 y., Monday
Russian President Vladimir Putin and his Belarusian counterpart, Alyaksandr Lukashenka, meeting in Minsk on 30 November, endorsed a draft accord on the introduction in 2005 of the Russian ruble as the Belarus-Russia Union's single currency and the establishment of a single money-printing center.
Lukashenka told journalists that Russia will provide loans to help stabilize the Belarusian ruble before the monetary merger, but he did not disclose the sum. Putin warned Lukashenka that the development of the union means its members will have to give up part of their sovereignty. "We want the union state's bodies to have [real] powers, and this requires renouncing some part of sovereignty. This is a very subtle process: any decision in this sphere cannot be made without public consent. It cannot be delayed but it is also unnecessary to make hasty decisions," Belapan quoted Putin as saying.
Šaltinis:
rferl.org
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Elinor Ostrom -- an American professor who developed ways to manage common property - is the first woman to win the Nobel prize for economics.
more »
The European Commission has today approved an application from the Netherlands under the Globalisation Adjustment Fund (EGF) for € 386 114 to help 435 workers made redundant by Heijmans N.V., a Dutch construction company, back into jobs.
more »
Seeking to strengthen and further expand product sales in the Asian region, the Lithuanian biotechnology company Fermentas established its subsidiary in China.
more »
Statistics Lithuania reports that, based on non-final data obtained from customs declarations and Intrastat reporting data, exports in January–August 2009 totalled LTL 25.6 billion, while imports – LTL 28.9 billion.
more »
On 6 October 2009 AB Bank SNORAS Board decided to reform the Private Limited Company UAB “SNORO investicijų valdymas” into the Public Limited Company AB „Finasta Holding“, which will control recently obtained „Finasta“ group companies and other Bank SNORAS group companies, engaging in investment management.
more »
If your airline goes bankrupt and leaves you stranded what are your legal rights? Members of the Parliament's Transport Committee want grounded passengers to have access to a special compensation fund.
more »
Euro report says currency provided protection from interest and exchange rate turbulence.
more »
Statistics Lithuania informs that in September 2009, against August, prices for total industrial production sold dropped by 1.6 per cent.
more »
The European Bank for Development and Reconstruction (EBRD), the European Investment Bank (EIB) Group, and the World Bank Group* on Monday warned against complacency in the face of significant challenges that stand in the way of economic recovery in Central and Eastern Europe.
more »
The leader of the country’s investment products’ market – AB DnB NORD Bankas – intends to issue up to EUR 300 million nominal value corporate notes in local and foreign markets over the next 12 months.
more »