Economics

Came up with a new fairy tale: Putin told how Russia earns under sanctions

According to Vladimir Putin, the arrest of Russian assets abroad is not a problem for the country, and the situation with ruble can be easily corrected. Russian President Vladimir Putin said that the countries that have agreed to freeze the Russian -foreign reserves of the Russian Federation have lost Moscow's trust and it will be difficult to restore it. He said this during his speech at the Eastern Economic Forum on Tuesday, September 12.

So, according to him, Russia has already earned twice as much of the amount that was frozen by other countries. "I know that our gold and currency reserves have been frozen. We have already earned twice as much. But not even about these 300 billion, we are talking about undermining confidence in those who did it," Putin said. The Kremlin owner also commented on the situation with the ruble. According to Putin, nothing wrong with the national currency of the Russian Federation is happening.

"I do not think there are some completely irresistible problems and difficulties," he said. The Russian President also added that "sharp movements on resolving issues with Russian national currency, no one will do. " Back in early 2023, Bloomberg wrote that the EU and the Great Seven partners froze approximately 300 billion euros ($ 311 billion) of the Russian Central Bank reserves and 19 billion euros of assets of Russian businessmen under sanctions.

Journalists noted that the estimates are not yet complete because the assets of the aggressor country are in a suspended state and cannot be distributed. At the same time, last September, Justice Minister Denis M. Masus said that Ukraine would ask the UN General Assembly to adopt a special resolution that will allow Ukraine to obtain Russian assets within the international mechanism.