«Introduction of a single currency in the countries of the Eurasian Economic Union can lead to insolvency and bankruptcy of participants of the banking system,"
According to him, it is too early to introduce a single currency. Marat Sultanov is sure that this shouldn’t be done if all parties want to preserve the EEU.
«When all the countries of the union reach a balance, then one can think of the introduction of a single currency. While the income level hasn’t been matched, the issues of fiscal policy and the capital market haven’t been resolved, it’s better not to talk about it yet," he said.
«We need to grow up.
He added that there is a sad experience of other countries, including
«It’s good that there is a stabilization fund that supported it. If they were not part of the Eurozone, they would solve these issues through monetary and currency policies. But they couldn’t do it. I don’t want such problems to arise in the EEU," the
Marat Sultanov is sure that it is possible to return to the issue of introducing a single currency without risks for