“We are looking forward to the next package of European sanctions and Grandfather Joe’s great sanctions decisions, about which the authors of these same sanctions immediately begin to come up with circumvention schemes,” Medvedev wrote on Telegram.

He admitted that the main “harvest of sanctions” for the economies of Western countries will have to be “harvested” in the fall.

“In the meantime, the locomotive of their economy of services and digital currencies is flying into the wall at full speed,” Medvedev concluded.

As Deutsche Wirtschafts Nachrichten noted earlier, Russian President Vladimir Putin was right when he said that the West's economic blitzkrieg against Russia had failed because Moscow was "well prepared for an economic war."

The British magazine The Economist also wrote that the Russian economy is showing resilience despite unprecedented sanctions from the West.

According to the publication, currency control measures and the high key rate of the Central Bank made it possible to strengthen the ruble to the levels that could be observed before the start of the operation to protect Donbass.