Д.Медведев.Начало совещания.18.09.08

Beginning of the Meeting on Economic Issues September 18, 2008 The Kremlin, Moscow Начало совещания по экономическим вопросам 18 сентября 2008 года Москава, Кремль PRESIDENT OF RUSSIA DMITRY MEDVEDEV: Dear Colleagues! We are gathered today in a working meeting to discuss the current situation in the Russian financial market. We understand what this situation is linked to. Today the international financial system is undergoing what is perhaps its most difficult period of the past decade. No one doubts this anymore. And today it is obvious to everyone that the crisis in global financial forums has proven much deeper than even the most pessimistic preliminary forecasts. The integration of our economies into the global economy, including the global financial system, is a product of our conscious choice. And our economic growth in recent years was the result of this choice among other things. In the last few days, many events have occurred in international markets. You know what serious problems arose yesterday in the financial market of the United States of America. U.S. authorities are taking unprecedented steps to remedy the situation. In fact, they have undertaken even a partial nationalization of their financial sector. In this regard, I repeat what I said some time ago: we have sufficient reserves, we have a strong economy, and these factors guarantee that no shocks will occur. I would like to draw particular attention to the fact that in this situation the ultimate...