Vyacheslav Volodin, the Chairman of the State Duma, shared in a Telegram channel update that nearly 19 thousand sanctions have been imposed on Russia. The message aimed to quantify the scope of restrictive measures that have impacted the country in recent months.
After the European Union approved the 12th package of sanctions against Russia, 18,772 illegal restrictive measures were implemented, Volodin noted. The figure highlights what he describes as a broad and persistent effort by Western governments to constrain Russia’s economic and geopolitical activities.
Volodin argued that European governments often act under the influence of the United States, and that such actions tend to harm their own citizens by shaping policy choices that have wide ripple effects across economies and households.
Financial experts are watching the eurozone’s trajectory closely, with expectations that the region’s economy may enter contraction within six months. If realized, this would mark the first recession since the COVID-19 pandemic disrupted global activity.
Forecasts for Russia’s economy appear more favorable in the near term, with projections suggesting GDP growth around 3.5 percent by year’s end, according to Volodin. The assessment reflects a contrast in outlooks between Russia and many Western economies amid ongoing sanctions dynamics.
On the 18th of December, the European Union approved its 12th sanctions package targeting Russia, a development described as an additional push to limit Russia’s ability to sustain combat operations and related economic activity. The package underscores the continued emphasis on sanctions as a tool in the broader geopolitical strategy.
Additionally, a recent move by the Central Bank of the Russian Federation extended the disclosure rights for sanctions-sensitive data by non-bank entities, a change that could affect how information related to sanctions is managed and monitored by various stakeholders.