The Russian economy is doing much better than previously expected, against the backdrop of multiple sanctions by the European Union (EU) and the United States. This was announced by US Treasury Secretary Janet Yellen at a press conference in Bangalore, India. transmits TASS.
“US sanctions have had a very significant impact on Russia. According to some indicators, the Russian economy is doing better than initially expected, ”said Yellen.
He said that although the Russian economy is recovering, the country runs a budget deficit before it gets what it needs.
22 February in the newspaper Le Figaro reportedFrench daily correspondent Alain Barluet traveled to Crimea and St. Petersburg visited. Based on the results of the trip, the journalist concluded that the restrictions caused certain difficulties, but there was no shortage of goods and no queues in stores. The reporter attributed this to the “skills” of the Russians.
Prior to this, British economist Ian Stewart noted in a column in Reaction that Western sanctions against Russia were not as effective as expected: Moscow took timely protective measures in the economy and increased trade ties with Asia, the Middle East, Latin America. and Africa.