Russia 2011: financial results

­Alexey Ulyukaev – First Deputy Chairman, Russian Central Bank

The outgoing year has been particularly challenging for the world economy.

A financial crisis has shattered eurozone growth, pushing it to the brink of another recession.

Relatively speaking, Russia has fared well, delivering growth and a balanced budget. But the risks ahead are real. Russia remains vulnerable to external shocks, especially falling energy prices.

So how will the country negotiate 2012?

We ask First Deputy Chairman of the Russian Central Bank, Aleksey Ulyukaev.