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    Peskov said there is no vacuum in the Russian economy due to sanctions

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    There is no vacuum in the Russian economy due to sanctions, some areas are automatically replaced by others, Kremlin spokesman Dmitry Peskov said on June 16.

    “[We] are certainly not isolated. There can be no gaps, no vacuum in economic affairs,” he said on Channel One.

    The press secretary of the President of the Russian Federation clarified that if some directions are closed, then others automatically open and become more profitable and profitable. Strong link: Russian banks are waiting for record profits Credit institutions ignored sanctions and problems in the economy

    The day before, Russian Minister of Economy Maxim Reshetnikov, in an interview with Izvestia at the St. Petersburg Economic Forum (SPIEF-2023), said that the potential of sanctions risks “is largely exhausted ”, because, according to him, trade partners of the Russian Federation pursue economic benefits. Reshetnikov, in addition, added that the business has done a gigantic job of reconfiguring all logistics.

    On the same day, the head of the Central Bank of the Russian Federation, Elvira Nabiullina, noted that the restructuring of the Russian economy is happening faster than the Central Bank expected, and the worst forecasts did not come true. She also emphasized that the main factor was the adaptation of many thousands of Russian enterprises, which proved to be flexible, and the government and the Bank of Russia supported stability.

    At the same time, French MEP Thierry Mariani told Izvestia that the consequences of the 11th package of sanctions would be inferior for Russia, since previous restrictions did not have a serious impact on the country’s economy.

    Western countries have stepped up sanctions pressure on Russia in connection with a special operation to protect Donbass. The decision to start it was announced on February 24, 2022 against the background of the aggravation of the situation in the region due to Ukrainian shelling.Share:

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