In light of the ruble’s continued decline, Sverdlovsk Governor Eugene Kuyvashev met Tuesday with members of the region's Legislative Assembly to discuss the financial highs and lows of 2014 and to plan for future trends.
Financial challenges facing the region in 2015 also were discussed.
Kuyvashev recently created a special committee to analyze the region’s banking sector and financial markets. Members of that committee also attended the financial meeting.
Kuyvashev and the members of the committee reported on the banking sector. They reviewed trends in 2014.
Those at the meeting agreed on future plans for the local government’s financial market. They look forward to improvements in the Sverdlovsk region in 2015.
"We will monitor the situation, monitor trends and apply the tools available in the region to keep the situation under control,” Kuyvashev said. “We have already passed two crises, and today we have the necessary knowledge and competence as to resist.”