‘Someone Was Expecting Collapse of Russian Economy’- Putin

ST. PETERSBURG (Sputnik) – Russia’s economy has not collapsed over Western sanctions as some wished and the peak of difficulties is in the past, Russian President Vladimir Putin said Monday.

“We were lacking $160 billion and last year our businesses and banks were to extinguish their current loans of a total of $130 billion before their foreign partners this year, plus another $60 billion. It looks like someone was expecting some sort of a collapse,” Putin told upper house lawmakers in St. Petersburg. Continue reading