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We can tell the general public that the gold and foreign currency reserves of the Central Bank are not designed to finance the economy, but rather to ensure foreign trade turnover. Therefore, we need this level to be able to provide the necessary foreign trade turnover for such an economy as Russia's for a period of at least three months.

Vladimir Putin

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Vladimir Putin
Age: 72
Born: 1952
Born: October 7
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More quotes by Vladimir Putin

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Agriculture specialists say our farm production is increasing and will go on increasing. Thank God.
Vladimir Putin
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Russia doesn't negotiate with terrorists. It destroys them.
Vladimir Putin
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Of course, it's always bad to lose, of course it's always a hardship when you lose to yesterday's miners or yesterday's tractor drivers. But life is life. It'll surely go on.
Vladimir Putin
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I'm an adult and I know what power means in the modern world. In the modern world, power is mainly defined by such factors as the economy, defence and cultural influence. I believe that in terms of defence, Russia is without any doubt one of the leaders because we are a nuclear power and our nuclear weapons are perhaps the best in the world.
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Respecting the sovereignty means preventing coups, unconstitutional actions and illegitimate overthrowing of the legitimate government. All these things should be totally prevented.
Vladimir Putin
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I have always loved and avidly read the novels of Jack London, Jules Verne and Ernest Hemingway. The characters depicted in their books, who are brave and resourceful people embarking on exciting adventures, definitely shaped my inner self and nourished my love for the outdoors.
Vladimir Putin
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One has to be insincere and promise something which you cannot fulfill. So you either have to be a fool who does not understand what you are promising, or deliberately be lying.
Vladimir Putin
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My family suffered very major losses during the Second World War, that's true. In my father's family, there were five brothers. I think four of them died. On my mother's side the picture was pretty much the same. Russia has suffered great losses. And of course we can't forget that.
Vladimir Putin
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Russia and China also cooperate in mechanical engineering, high-speed railway transportation, lumber processing, nuclear energy production and so on. We have built the Tianwan Nuclear Power Plant. Two units are already operational and are showing good results.
Vladimir Putin
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Back in 1956, we signed a treaty and surprisingly it was ratified both by the Supreme Soviet of the Soviet Union and the Japanese Parliament. But then Japan refused to implement it and after that the Soviet Union also, so to say, nullified all the agreements reached within the framework of the treaty.
Vladimir Putin
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I do not want to answer provocative question.
Vladimir Putin
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The goal we have set for ourselves, which is to diversify our cooperation with China, is making progress.
Vladimir Putin
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Mr. McCain fought in Vietnam. I think that he has enough blood of peaceful citizens on his hands. It must be impossible for him to live without these disgusting scenes anymore. Mr. McCain was captured and they kept him not just in prison, but in a pit for several years. Anyone [in his place] would go nuts.
Vladimir Putin
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As to our trade and economic relations with China, they are growing more and more diverse each day, something we have worked on for a long time with our partners from China.
Vladimir Putin
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Russia is probably one of the first countries to have been confronted with this problem of terrorism. It took some time before the international community realised the danger terrorism poses.
Vladimir Putin
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We don't need a weakened government but a strong government that would take responsibility for the rights of the individual and care for the society as a whole.
Vladimir Putin
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We believe in the fundamental principles of the European economy.
Vladimir Putin
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If we had joined efforts some time ago [with U.S], we could have avoided many problems the world is facing now, I believe.
Vladimir Putin
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I would prefer to abandon the terminology of the past. 'Superpower' is something which we used during the cold war time. Why use it now?
Vladimir Putin
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Our common goal should be the development of a system of equal security for all governments. System adequate [to deal with] modern threats, built on regional and global nonaligned bases. Only then can we ensure peace and tranquility in the world.
Vladimir Putin