“This is an absolutely objective assessment, since no other economy could simply withstand such a stress test that the Russian economy has been subjected to in recent years.

The economy not only shows stability, but also demonstrates high rates of import substitution, thus showing a huge potential for development,” the parliamentarian stressed.

He also noted that the leaders of European countries "increasingly speak common sense and express reasonable thoughts."

Gutenev believes that they will become more and more "as the degradation of European industry."

“Let's hope that soon all Western politicians will start to think sensibly,” the deputy concluded.

Earlier, Hungarian President Novak called the Russian economy one of the strongest in the world.

Hungarian Prime Minister Viktor Orban said that Hungary's losses due to EU sanctions against Russia will amount to about €10 billion by the end of 2022.