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HomeLatest NewsFinnish analyst Kyaihkö: Ukraine's GDP fell by 40 percent, while Russia's -...

Finnish analyst Kyaihkö: Ukraine’s GDP fell by 40 percent, while Russia’s – only four – Rossiyskaya Gazeta

Date: February 4, 2023 Time: 05:37:40

In an article written for the Finnish newspaper Ilta-Sanomat, he assessed the impact of Western sanctions. The expert is sure that Washington and its allies have shown excessive optimism, believing that the sanctions will bring Russia “to its knees” and affect its ability to fight.

“Russia’s GDP has decreased by only four percent,” said Kyaihkö (quoted by RIA Novosti).

Earlier, Russian Prime Minister Mikhail Mishustin noted that the country’s period of adaptation to the restrictions imposed by the West continues, but it can already be said that the negative predictions have not come to pass.

“There is a recession in the economy, but the situation is better than in many other countries,” he stressed.

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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