EVIAN. Oct 8 (Interfax) - Russia is proposing that new financial centers and strong regional currencies be formed as a way of overcoming the global economic crisis, President Dmitry Medvedev said.

"The formation of new financial centers and strong regional currencies will act as new stability factors against this backdrop," Medvedev told an international conference in Evian, France.

The current political and economic problems "are of international nature and require new critical technologies," he said.

"To solve them, Russia is proposing that the global financial architecture be changed, the role of the current international institutions be reviewed and new ones created to guarantee stability," Medvedev said.

"Any crisis, also, is a natural way of settling contradictions. And it must be used to 'clean ourselves" and to extend and maximize the period of growth for our economies. Time has not been lost yet. It is important that we come to the understanding of the multi-polar nature of the world and the complexity of globalization," he said.

"Back in the 1990s the uni-polar economic model showed the first signs of inefficiency. Its pillars - the International Monetary Fund and the World Trade Organization - seriously discredited themselves then. The dollar weakening created a host of problems in the recent epoch. We are witnessing the world financial system fragmenting," Medvedev said.

"The example of the United States and other examples also demonstrate that the transition from self-regulating capitalism to what is in fact financial socialism takes just one step. We are witnessing the readiness to nationalize one asset after another," the Russian president said.