"Now, after the deployment of those anti-missile system elements, we'll be forced to think about neutralizing developing threats to Russia's security," Putin said.

The US missile shield in Europe is a clear violation of Russian-American arms treaties, Putin said at a meeting with Russian military officials, adding that the anti-missile facilities can be easily repurposed for firing short and midrange missiles.

The US anti-missile shield in Europe is yet another step in increasing international tensions and launching a new arms race, he stressed.

"We're not going to be dragged into this race. We'll go our own way. We'll work very accurately without exceeding the plans to finance the re-equipment of our Army and Navy, which have already been laid out for the next several years," Putin said.

"Recent developments indicate that the situation isn't getting better. Unfortunately, it's deteriorating. I'm talking about the launch of the radar station in Romania as one of the elements of the up-and-coming US anti-missile defense program," Putin said.

Russia is making every effort to maintain the strategic balance of power, in order to avoid the outbreak of large-scale conflicts, the president said.