Monday, December 26

Medvedev: Russia obliged to euro to contribute

Brussels - President Dmitry Medvedev says Russia invested the "necessary funds" to stabilise the European Union and the euro-zone countries.

After a Summit Russia Thursday Medvedev, said that Russia would consider other measures to help. It not work.

Russian officials had said the country would provide up to $10 billion, but Arkady Dvorkovich, Medvedev has an economic adviser Thursday, that the total may be higher.

Medvedev said that Russia some economies and the 17-nation euro zone will attract an economical use in the EU has in a debt crisis. He said that 41 percent of Russia are foreign exchange reserves to euros.

"We have excellent relations and United Europe is very important to us," Medvedev said.

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