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Fortune
Fortune
Christiaan Hetzner

Putin oligarch says Russia has weathered sanctions after 'way less' than 30% of the economy collapsed

Russian oligarch Oleg Deripaska (Credit: Jason Alden—Bloomberg via Getty Images)

If the idea behind Vladimir Putin’s war of expansion in Ukraine was to advance Russia’s strategic interests on the global stage, arguably it has backfired. 

He has fought Ukraine's smaller military to a stalemate at best, pushed the country firmly into the arms of Europe, and rejuvenated NATO with potentially two new members in Finland and Sweden while condemning Russia to pariah status in much of the world. 

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