Russia 'very disturbed' by eurozone crisis: Medvedev

8th December 2011, Comments 0 comments

Russian President Dmitry Medvedev said Thursday that his country was very concerned about the sovereign debt crisis that is threatening to break up the eurozone, just hours before an EU summit.

"We are very disturbed by this issue because it affects the situation in the whole world and our country too," Medvedev said at a joint press conference in Prague with his Czech counterpart Vaclav Klaus.

Medvedev spoke as European Union leaders were scrambling to find a last-minute deal to save the euro at a crucial summit for a debt-laden currency union.

"The euro problem is taking place in countries that are not similar in terms of economic development," Medvedev said. "The next few months will show what will this comes down to."

Known for his strident euroscepticism, Czech President Vaclav Klaus echoed the comments by the visiting Russian leader, but warned that finding a solution would require a deep economic and political transformation of Europe.

"The problem is deeper than the euro as such, this is only the tip of the iceberg," Klaus said.

"There is a fundamental solution -- a deep transformation of the method of European integration and of the European political, social and economic systems."

© 2011 AFP

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