MOSCOW, April 22 (RIA Novosti) - After the reunification with Crimea, Russia seems to be in a difficult spot, facing pressure from three different sources: the instability in world economy, the problems with own economy and the sanctions, Russian Prime Minister Dmitry Medvedev said Tuesday.
“Our decision as provoked a rough reaction. Crimea became a reason for a political pressure, which is carried out on the account of so-called sanctions,” Medvedev said.
The republic of Crimea and Sevastopol joined the Russian Federation as new federal subjects on March 18 following a referendum.
The US, EU and their allies introduced sanctions against several Russian politicians, lawmakers and businessmen, freezing their assets and banning the issue of visas for them.
Another the sanctioned entity was Bank Rossiya, one of the country’s top 30 banks. As a result, the bank later announced a decision to cease foreign currency operations.
G7 countries also threatened Russia with sanctions against a number of economic sectors in case of further escalation of the situation in Ukraine. Russia's Foreign Ministry earlier said that talking to Russia in the language of sanctions was "inappropriate and counterproductive" and warned its Western partners of the "boomerang effect."
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