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USSR to rise from ashes through joint Eurasian currency
The creation of the supranational currency within the scope of the Customs Union is inevitable, Prime Minister of Armenia, Tigran Sargsyan, believes. According to him, this should be the next stage of integration within the organization, which makes sense from the point of view of simplification of currency circulation in transfers. The new currency may see the light on January 1, 2015.
As the prime...
Eurasian Union: Greater than EU, but not new USSR
(L-R) Nursultan Nazarbayev, Dmitry Medvedev and Aleksandr Lukashenko
Three former Soviet republics have launched a new regional integration project, with at least two others on track to join in. Critics accuse Moscow of rebuilding the USSR, but architects of project say the aim is to become a better version of the EU.
The idea of the Eurasian Union – initially between Russia, Belarus and Kazakhstan...