: :inin Kyiv (EET)

Putin: Russia’s Economy Strong Despite Western Sanctions, Oil Prices


Russian President Vladimir Putin says Russia’s economic performance has remained strong despite a slump in oil prices and Western sanctions over Moscow’s involvement with Ukraine.

He said despite last year’s devaluation of the ruble, he expects the economy to fully rebound within two years.

Putin spoke Thursday in an annual live question-and-answer session on Russian television, taking questions from members of the Russian public.

The United States and its allies slapped sanctions on Russia last year following its annexation of Ukraine’s Crimean peninsula.

Russian Defense Minister Sergei Shoigu said Thursday at a Moscow security conference that the United States and its Western allies have …read more

Source: Voice of America

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