🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

No disagreements between Medvedev, Putin-Russian DPM

Published 03/10/2009, 06:35 PM
Updated 03/10/2009, 06:40 PM

By Daryl Loo

CANNES, France, March 10 (Reuters) - A top Russian government minister on Tuesday dismissed speculation there were strains in the relationship between President Dmitry Medvedev and his mentor, Prime Minister Vladimir Putin.

"I know for certain ... there are no issues whatsoever despite some ideas that suggest otherwise," Russian Deputy Prime Minister Dmitry Kozak told Reuters in an interview on the sidelines of the MIPIM property trade fair in Cannes.

"Each one of them perform their task as defined by the constitution, and there are no disagreements or differences between the persons who head these two institutions of power," said Kozak, speaking through a translator.

Kozak is a trusted troubleshooter for Medvedev, who promoted him last October to ensure the success of the 2014 Sochi Winter Olympics. He has also been a close Putin ally, formerly serving as Kremlin envoy in the turbulent North Caucasus.

Factional squabbling in Moscow over the handling of the financial crisis has raised speculation of potential strains between Putin and Medvedev.

Asked how Russia was managing through the global economic crisis, Kozak said the economy was being cushioned by its large currency reserves.

"Thanks to the safety cushion of reserves accumulated in the past, the government feels quite confident and assured about the performance going forward," said Kozak.

According to state forecasts, Russia's gross domestic product is due to shrink by 2.2 percent this year. (editing by Myra MacDonald)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.