Russian President Vladimir Putin held a meeting on economic issues at which Russia did not allow a sharp decline in the economy and stabilized inflation. According to him, the Russian Federation copes with pressure from the Western countries, and their “tactics of the blitzkrig did not work”, they transmit
Putin said that the reduction in Russia’s GDP has slowed to 4.3%, and “economic activity increased.” The level of inflation in the country after a peak value in April decreased to 14.1%, and there are reason to wait about 12% by the results of the year.