After two years of large-scale war in Ukraine, an invincible Russian economy?. Entering recession in 2022, the Russian economy experienced a significant rebound the following year, recording 3.6% growth, far ahead of that of the euro zone.
Compared to Russian growth, these figures seem to prove right when he says that sanctions do more harm to their authors than to his country. But Russia still recorded a 24% drop in its hydrocarbon revenues in 2023 compared to the year previous due to Western sanctions.