Russia 'trusts and believes' in the euro: Putin

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Russia, which holds over 40 percent of its forex reserves in euros, trusts and believes in the single European currency and is sure its current woes are only temporary, Prime Minister Vladimir Putin said in an exclusive interview with AFPTV this week. Talking about Iran's nuclear programme, Putin said he viewed sanctions like those expected to be approved by the UN on Wednesday as ineffective. Duration: 01:39