Kremlin: Russian Economy Taking ‘Serious Blows’

Kremlin: Russian Economy Taking ‘Serious Blows’
Russia's President Vladimir Putin (front) and Kremlin spokesman Dmitry Peskov attend a session of the Council of Heads of the Commonwealth of Independent States (CIS) in Sochi on Oct. 11, 2017. Maxim Shemetov/AFP/Getty Images
Jack Phillips
Updated:

Top Russian officials acknowledged that Western sanctions have dealt “serious blows” to Russia’s economy as Moscow continues its attack on Ukraine.

“Russia’s economy is experiencing serious blows,” Kremlin spokesman Dmitry Peskov told CNN and other news outlets on Wednesday. “But there is a certain margin of safety, there is potential, there are some plans, work is underway,” he added.

Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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