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Moscow assesses Western sanction ‘blitzkrieg’ — Analysis

Russian president says the strategy of counting foreign powers has failed

The West’s sanctions have failed to cripple Russia, said Russian President Vladimir Putin during a joint press conference with Belarusian President Alexander Lukashenko on Tuesday.

“The “blitzkrieg”, on which our opponents counted has failed, this is quite obvious. Our financial system and industry are working rhythmically,” stated Putin, noting the Russian economy’s resilience and stability in light of the sanctions and highlighting the importance of adapting the economy to new realities and limitations.

He stated that he believed that it was the best way to proceed is to debureaucratize economic sphere and expressed optimism that West would eventually adopt common sense given the dire consequences they are facing due to the imposed Sanctions.

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