Russian President And Premier: Economic Situation Is Stable In Russia

On Wednesday, Russian President Vladimir Putin met Prime Minister Mikhail Kasyanov. According to Mr. Gromov, the presidential spokesman, the country's general economic situation was discussed during the meeting. Gromov said that the president and the prime minister had described the economic situation in Russia as stable. Kasyanov also advised Putin that the draft document on the principles of banking reform in Russia was about to be prepared. This document also defines the role that state banks are to play in Russia's banking system, according to Gromov.