LAST UPDATE: 13.05
The Kremlin on Monday accused the European Union of being hostile to Russia, saying arms supplies to Ukraine were dangerous and destabilizing and showed that Russia was right in its efforts to demilitarize its neighbor, according to Reuters.
The West has stepped up arms supplies to Ukraine to help defend itself against what Russia calls a “special military operation” aimed at protecting civilians.
Kremlin spokesman Dmitry Peshkov declined to comment on the number of casualties suffered by Russian forces or to clarify instructions given by President Vladimir Putin at the weekend to put Russian nuclear forces on alert.
Russia’s economic reality has changed, the Kremlin admits, but sees no reason to question the effectiveness and credibility of Russia’s central bank, which today raised the key interest rate to 20% in response to the effects of unprecedented Western sanctions. against Moscow.
Russian President Vladimir Putin is currently working on the economic response to the heavy Western sanctions imposed on Russia following its invasion of Ukraine, the Kremlin has said.
“The president is in the Kremlin, he is dealing with the economy,” Dmitry Peshkov’s spokesman told reporters on a daily basis.
“Sanctions are heavy, they create problems (…), but Russia has all the necessary potential to compensate for the damage.”
Moscow will respond to Western sanctions against the aerospace industry, Peshkov said. “Reciprocity will be the guiding principle and our interests will be at the forefront.”
Dmitry Peshkov said Putin would meet later in the day with a number of officials, including the finance minister and the central bank governor.
Peshkov declined to comment on reports of casualties among Russian forces in the offensive against Ukraine.
Source: Capital

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