Let the people of Kazakhstan stay calm… we have action plans based on the oil price of $70, $60 and $40 per barrel (…) we do have reserves for the rainy day, he assured.
The statement was made in the annual press conference broadcasted on Russia 24 TV Channel December 18. President Putin emphasized that the crisis had been triggered by external factors.
EU foreign policy chief Federica Mogherini called on Russia not to involve the Balkans in tensions between Brussels and Moscow over the Ukrainian crisis.
Ukraine and the pro-Russian rebels said they had agreed to halt fire on December 9 under the terms of a truce aimed at ending one of Europe's bloodiest conflicts in decades.
President Barack Obama said Russian counterpart is unlikely to shift his stance on Ukraine until the full force of economic sanctions levelled against Moscow hits home.
US Secretary of State John Kerry arrived in Basel evening for a meeting of top diplomats from some 50 OSCE countries which will focus on the spiralling Ukraine crisis.