Currency Quote by Vladimir Putin
“This is also evident in Europe, not the dependence on oil and gas, but the fact that structural reforms are long overdue, and I think that the leading economies are very pragmatic and efficient in addressing the issues facing the European economy. That is why we keep approximately 40 percent of our gold and foreign currency reserves in euros.”
![“I have criticized it [Europe], but I repeat: we keep 40 percent of our gold and foreign currency reserves in euros, we are not interested in the collapse of the Eurozone, but I do not rule out the possibility of decisions being made that would consolidate a group of countries equal in economic…” quote by Vladimir Putin](https://sms4smile.com/quotes/img-quotes/268/vladimir-putin-261_collapse_i-have-criticized-it-europe-but-i-repeat_2531853.jpg)
![“Their [the U.S.’s] defense budget in absolute figures is almost 25 times bigger than Russia’s. This is what in defense is referred to as ‘their home — their fortress.’ And good for them, I say. Well done!” quote by Vladimir Putin](https://sms4smile.com/quotes/img-quotes/ec3/vladimir-putin-261_absolutes_their-the-u-s-s-defense-budget-in-absolu_10791.jpg)
![“They [leaders in Western Europe] do not misuse financial instruments, financial injections, but, first of all, seek structural change. This is urgent for our economy as well, maybe even more urgent bearing in mind the problem that we cannot yet deal with, namely the prevalence of the oil and gas…” quote by Vladimir Putin](https://sms4smile.com/quotes/img-quotes/fab/vladimir-putin-261_change_they-leaders-in-western-europe-do-not-mi_43180.jpg)
