Interview at Davos Economic Forum to CNBC

... excerpts from the transcript of a CNBC interview by Geoff Cutmore and Herman Gref, CEO of Sberbank. GC: So my first question is really about this market volatility and the nervousness that there seems to be about oil, about China. Why do you think the markets, at the moment, are in this mood? HG: I think that this year it was a very difficult start. You have said that the stories, it's the first one, the commodity market, and the first one, the oil price, and I think this volatility we can see until ...