Europe 'on the Right Track': Russian Deputy Minister

1:30 AM ET Thu, 21 June 2012

"Europe looks like it's on the right track," Stanislav Voskresensky, Russia's deputy minister of economic development, told CNBC at the Saint Petersburg International Economic Forum (SPIEF). He added he was optimistic after European Union leaders promised to come up with concrete measures to deal with the crisis at their next summit.