Russia has expressed concern about the debt crisis in the euro zone and the EU, fearing that its economy and finances will suffer as well as a result.

“Russia is closely following developments in the region and is seriously concerned about the economic situation with our European neighbors,” said Friday Alexander Lukashevich, spokesperson of the Russian Foreign Ministry, as cited by RIA Novosti.

“We are certainly interested in finding a systemic solution, which will allow avoidance of irreversible and possibly fatal consequences for the European common monetary union, in the eurozone and the European Union in general,” he added.