“We should structure our efforts so as to fund priority projects and at the same time preserve a sustainable macroeconomic environment, thus guaranteeing the macroeconomic stability of the budget and the entire national economy.”

Prime Minister Putin expressed his gratitude to the Swedish government for its decision on the Nord Stream, stating that “the new gas transport system is intended to ensure stable gas deliveries to European consumers in the years ahead.”

Mr Putin emphasized the need to consider social issues when restructuring enterprises. “Social issues must be given priority in all plans,” the prime minister said.

Mr Putin and Mr Berdnikov discussed the social and economic situation in the Republic of Altai. Mr Putin noted that agriculture in the region grew by 10% despite the recession.