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Russia, Germany may join forces for global financial hubs

      RBC, 02.10.2008, Moscow 18:42:17.Russia and Germany may collaborate in the creation of alternative global financial centers, Russian President Dmitry Medvedev said at the opening of Russian-German consultations in St. Petersburg today. The Russian leadership believes that the country managed to accumulate sufficient financial reserves before the global crisis erupted, Medvedev maintained. However, he did not rule out the possibility of Russian-German mutual financial assistance. The president also added that he expected Germany to cooperate with Russia in reforming international financial institutions, along with the global financial and economic system as a whole.

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