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You're reading: Russian challenger urges joint currency with EU
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Mikhail Prokhorov, who owns 80 percent of the New Jersey Nets basketball team, didn’t detail his proposal for a "common global currency based on the euro and the ruble" in the outline of an election platform that he released on his Live Journal blog. But he pledged to push for Russia’s integration into a "Big Europe."

The 46-year-old, who made his fortune in metals, banking and media and is estimated to be worth $18 billion, also promised to disband the parliament elected in a fraud-tainted vote earlier this month, and call for a repeat election next December.

That echoed the demand of participants in recent protests in Russia spurred by allegations of ballot-stuffing and other violations in the Dec. 4 election. Prokhorov attended the latest rally over the weekend, which drew up to 100,000 people — the biggest protest in Russia’s post-Soviet history.

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