Putin says Western countries have hurt their own economies with sanctions
Russia's President Vladimir Putin chairs a meeting on the country's economy via a video link at a residence outside Moscow, Russia April 18, 2022. PHOTO: REUTERS
Russian President Vladimir Putin said on Monday that Western countries had scored an own goal by imposing sanctions against Russia over Ukraine which he said had led to a "deterioration of the economy in the West".
Speaking on the state of Russia's domestic economy, Putin said that inflation was stabilising and that retail demand in the country had normalised.
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Western countries have imposed unprecedented sanctions on Russia's corporate and financial system since it sent troops into Ukraine on Feb. 24 in what it calls a "special military operation".