9 years ago
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Putin calls for currency union with ex-Soviet allies
Russian President Vladimir Putin on Friday called for a single currency with the Kremlin's closest ex-Soviet allies despite fraying ties in the region which is struggling with the fallout from Moscow's economic crisis. Putin urged closer integration for his flagship Eurasian Economic Union -- which also includes Belarus, Kazakhstan and Armenia -- as Moscow scrambles to limit the damage from Western sanctions over Ukraine and tumbling oil prices.
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There is a reason why those countries are EX-Soviet.