Putin faces mountain of debt as Ukraine war puts economy back 25 years

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Putin faces mountain of debt as Ukraine war puts economy back 25 years
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Sanctions imposed by the West since last year's invasion of Ukraine are taking an economic toll on Russia.

on February 24, 2022. While the sanctions are taking a toll on Russia, the economy has been kept afloat partly because of higher prices for its main exports, gas and oil.

"There will be no impunity for these Russian crimes," she continued."And there will be no letup in our steadfast help for Ukraine and in preparing for the long-term efforts of reconstruction."

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