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Medvedev: Russia pledges to help euro
Russia's president promises 'necessary financial means' to stabilize eurozone countries
By The Associated Press

BRUSSELS (AP) ' President Dmitry Medvedev says Russia will invest "the necessary financial means" to help stabilize the European Union and the eurozone countries.

Speaking after an EU-Russia summit Thursday, Medvedev said Russia would also consider other measures of support. He didn't elaborate.

Russian officials had said the country would offer up to $10 billion, but Arkady Dvorkovich, a Medvedev economic adviser, indicated Thursday the total may be higher.



Medvedev said Russia has an economic stake in the EU, where a debt crisis is dragging down some national economies and the 17-nation eurozone. He said 41 percent of Russia's foreign exchange reserves are denominated in euros.

"We have advantageous ties, and for us united Europe is very important," Medvedev said.


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