Western sanctions 'severely' harming Russia: Putin

Western sanctions 'severely' harming Russia: Putin, President Vladimir Putin accustomed Monday in an account with German circadian Bild that Western bread-and-butter sanctions over the Ukraine crisis are affecting Russia.

"Concerning our possibilities on the all-embracing banking markets, the sanctions are acutely harming Russia," he said in a continued interview, calling the EU sanctions "a theatre of the absurd".

Moscow has been hit by US and European sanctions over the battle amid pro-Russian separatists and Ukrainian armament which has claimed added than 9,000 lives back April 2014.

In backward December, the EU continued its sanctions by six months, arguing that the Minsk accord acceding active by Moscow has not been absolutely implemented.

Putin said, however, that "the better abuse is currently acquired by the abatement of the prices for energy," according to an English-language archetype appear by Bild online.

"We ache alarming acquirement losses in our consign of oil and gas, which we can partly atone for elsewhere," he said.

"But the accomplished affair aswell has a absolute side: if you acquire so abounding petrodollars –- as we already did -– that you can buy annihilation abroad, this slows down developments in your own country."

Putin said Russia was now "gradually stabilising our economy".

"Last year, the gross calm artefact had alone by 3.8 percent. Inflation is about 12.7 percent. The barter balance, however, is still positive.

"For the aboriginal time in abounding years, we are exporting decidedly added appurtenances with a top added value, and we accept added than $300 billion in gold reserves."

While Russia has back September 30 launched airstrikes in Syria, Putin alleged on Western countries to coact added carefully with Moscow in the action adjoin the Islamic State group.

"Yes, we should abet abundant added carefully in angry terrorism, which is a abundant challenge," he said.

According to Moscow, the Russian strikes ambition alone jihadist groups, including IS, while the West has accused Russia of aswell hitting added rebels angry Syrian President Bashar al-Assad.
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