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  • G8 leaders end summit

    Vestnik Kavkaza, Russia
    May 20 2012


    G8 leaders end summit

    The 2012 G8 summit has ended in Camp David, world media report. The G8
    leaders stressed in a joint Declaration their plans to combat the
    crisis of the Eurozone and "deep concern over the provocative
    actions" of North Korea that "threaten regional stability."

    The Karabakh problem was not mentioned in the document.

    Unfavorable situations in the global economy are possible, but Russia
    is ready to withstand them, Russian Prime Minister Dmitry Medvedev
    said, RIA Novosti reports.

    `On the whole, the situation for our [Russian] economy is normal,
    since we had a budget surplus last year. Certainly, it will be more
    difficult this year, but nevertheless we will manage,' Medvedev told a
    news conference at the summit of G8 leaders in the United States.

    He said that in the case of a deterioration in the global economy,
    Russia has a plan of action, which was tested several years ago during
    the global financial crisis.

    `If necessary, we will put this plan into action... I will reiterate,
    however, I hope it will not come to this,' Medvedev said.

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