“Of course, we hear criticism from all sides that everything has collapsed (…) We have fallen to the same level where eurozone countries have recorded growth in recent years,” V. Putin asserted, adding that Russia seeks a “sovereign” economy.
The Kremlin is allocating a particularly large amount of funds to its offensive in Ukraine, and these expenditures initially stimulated economic growth, but also increased inflation and caused a labor shortage in non-military economic sectors.
