Putin warned about the growth of unemployment and inflation in the near future

Vladimir Putin, as part of a meeting on regions support measures, said that Russians should prepare for an increase in unemployment.

“In new realities, deep structural changes in our economy will be required. And I will not hide, they will not be simple, they will lead to a temporary increase in inflation and unemployment, ”Putin said. According to him, today he signed a decree on the additional powers of the heads of regions: "They will be able to make flexible and operational decisions to support our citizens, economics, and social sphere based on the real state of affairs in the field."

Putin also stated that the United States and the European Union actually announced the default for the obligations to Russia, frozen its foreign exchange reserves: “The illegitimate actions to freeze part of the currency reserves of the Bank of Russia bring the line under the reliability of so -called first -class assets. In fact, both the USA and the EU announced a real default on their obligations to Russia. ”

At the same time, Putin said that the arrests of foreign business assets are a lesson for Russian entrepreneurs, because "there is nothing more reliable in investment at home."

Also, according to Putin, the people of Russia will be able to distinguish patriots from traitors, such a purification of society will only strengthen the country.