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France 24
France 24
Business
Kate MOODY

Has Russia's economy withstood Western sanctions?

BUSINESS DAILY © FRANCE 24

Vladimir Putin claims the Russian economy has withstood Western sanctions, as he prepares to mark one year since the invasion of Ukraine. While Russia's GDP has contracted less than many analysts expected, Beata Javorcik of the EBRD explains that's largely the result of years of "sanctions-proofing", and doesn't mean that households and businesses aren't suffering. Also in the show: the EU's carbon price hits a record high of €100 per tonne, and Sri Lanka's cabinet agrees to start repaying its debt. 

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