Russia will not invest in European Financial Stability Facility

Russia will not invest in the European Financial Stability Facility, the Russian representative to the EU, Vladimir Chirozh, said on Monday, ITAR-TASS reports.

Russia is still deciding on funds for the IMF to expand its anti-crisis support, the official comments on the EU summit of December 8-9, where EU leaders approved additional financing of the IMF with $200 billion.

The EU offered the G20 to invest in the European Financial Stabilization Mechanism, which will be launched in 2012.