Putin admits sanctions may hurt Russia’s economy

Authored by news.yahoo.com and submitted by Breakfast_on_Jupiter

Russian dictator Vladimir Putin admitted that Western sanctions imposed on Russia due to its invasion of Ukraine could negatively affect the country’s economy, as reported by the Russian state-controlled RIA Novosti agency on March 29.

Putin made comments at a meeting with the members of the Russian government, according to RIA Novosti.

The sanctions "can really have a negative effect on the economy," Putin said. "In this regard, we need to ensure a sustainable increase in domestic demand."

Putin has previously repeatedly claimed that sanctions imposed on Russia had not affected the country's economy.

On Feb. 25, the European Council announced that it had adopted the 10th package of sanctions against Russia and those who support its war against Ukraine.

"Today's 10th package of sanctions targets those who are instrumental in the continuation of this brutal war. We are taking more measures, tackling the banking sector, access to dual-use technology and advanced technologies," the European Union's top diplomat Josep Borrell said.

"We remain united in our determination to dent Russia's war machine," Borrell wrote on Twitter.

nickbg321 on March 29th, 2023 at 17:43 UTC »

It must be getting pretty bad for them to actually officially admit anything.

Averybleakplace on March 29th, 2023 at 17:17 UTC »

Pushing hundreds of thousands of conscripts into a meat grinder won't?

Throwaway08080909070 on March 29th, 2023 at 17:16 UTC »

TIL That Vladimir Putin is on a 365 day tape-delay.

Wait until he sees what happened in the last year, he's going to absolutely shit himself blind.