Putin: Russia because of the sanctions lost 160 billion dollars of investment

Due to the imposition of Western countries ' sanctions and falling oil prices, Russia lost 160 billion dollars of investment, however, Russian businesses are quite easy paid off all loans, said the President of the Russian Federation Vladimir Putin.




"After the fall of the prices (for oil) with 100 dollars to 50 dollars per barrel in our economy have not received 160 billion dollars of five hundred billion dollars. In addition, our quasiparti limited access our banks to refinance on the European market ", - quotes Putin " news Agency ". Before the first day of the week Putin also said Western elites feel an element of geopolitical rivalry and trying to hinder the development of Russia. At the same time the Manager said that if someone thought to cause great congestion of the Russian economy, they have failed, the peak of the difficulties is passed. Remember, April 21, Prime Minister Medvedev D. A. said that experts estimate losses of the Russian economy due to Western sanctions in 25 billion euros, but in 2015, the harm may grow several times. Relations between Russia and the West deteriorated in connection with the situation in Ukraine. The EU and the US on the background reached in Minsk agreements between Kiev and militias Donbass about stopping the fire entered against Russia punishment, against the financial, oil and defense industries.


sections: Politics