The inefficiency of the anti-Russian sanctions of the West was stated by economists of BRUEGEL and IIF

@Moskovskij komsomolets
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daily business newspaper "RBK daily" was given by contents of the article "As Sanctions Affected Russian Federation" prepared by experts of the European analytical center of BRUEGEL and economists of Institute of Int Finance, Inc. From it follows that, despite a freezing of $300 currency reserves Central bank Russian Federation (Bank Russia), protective strategy Moscow which in the West call "Fortress Russia", worked: the western sanctions did not lead to essential reduction budgets and economic activity decreased not so strongly, predictably. Surplus of the balance of payments Russian Federation following the results of a year – about $240 billion, it is twice higher, than in the past, authors write. It...
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Vladimir Putin
Last position: President of the Russian Federation (President of the Russian Federation)
1 757
Bank of Russia
Main activity:Insurance
656
BRUEGEL
Main activity:Science and education
IIF
Main activity:Finance
4