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Putin attacks 'reckless and insane' Western sanctions and denies Russia stoking inflation

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euronews.com

Russian President Vladimir Putin said on Friday that Russia's offensive in Ukraine had no influence on global economic difficulties, including energy price rises, instead blaming the West."We all hear about a so-called 'Putin inflation' (...) Our actions to liberate the Donbas have nothing to do with that," he said during the plenary session of the St.

Petersburg Economic Forum."It is the result of the systemic errors of the US administration and European bureaucracy (...) For them, our operation is a lifeline that allows them to blame everything on us," the Russian president continued, criticising the "erroneous economic policy" of Western countries."They have printed, distributed money and raided all the goods in third country markets for this money," he continued.President Putin told Russia's showpiece investment conference on Friday that the country's economy will overcome sanctions that he called “reckless and insane”.Putin began his address to the forum with a lengthy denunciation of countries that he contends want to weaken Russia.The United States and European countries are facing rising inflation - up to 11% in the UK - driven in particular by rising fuel prices.

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