Finnish analyst Kyahkö: Ukraine's GDP fell ten times more than Russia's

There are no signs that the sanctions will affect Russia's ability to fight, he said.

“Given that GDP in Ukraine this year fell by maybe 40 percent, then in Russia we are still talking about four percent,” Kyaihkö quoted Ilta-Sanomat as saying.

Earlier, Russian President Vladimir Putin said that the West had not achieved its goals in the sanctions war declared by Russia.