Foreign companies that left the Russian market lost more than $103 billion. New York Timesreferring to his own calculations.
The Russian president turned the departure of Western companies into “an unexpected windfall for the Russian elite and the state itself,” the publication writes.
The newspaper also states that many foreign companies continue their operations in Russia because they do not want to lose their investments.
Before that, Bloomberg was quoting materials from Raiffeisen Bank International. reported The share of Western banks in Russia appears to have fallen almost to the levels of the 1980s due to sanctions and the strengthening of the positions of Chinese credit institutions. According to Raiffeisen analysts, the total volume of operations of European and American banks in Russia will be less than $60 billion in 2023, down from $119 billion in 2021. This is comparable to levels in the late 1980s and early 1990s.
Formerly in the State Duma spoke About Germany’s plans to confiscate gifts from Russia.