Powerful Western sanctions, the Kremlin admits: Russian economy facing serious shock

Kremlin spokesman Dimitry Peskov has said Russia's economy is facing serious blows, writes Periscopi newspaper.

Peskov has said there are several plans that will work through to keep the economy standing.

Russia's “Economics is facing serious blows. There are some plans, it's working. The economy will stand”, Peskov said at a news conference, CNN reports.

We remember that Russia is facing very powerful Western sanctions after a few days ago beginning its invasion of Ukraine on a full scale. / P ERISCOPIA