Reporter's Notebook: What Russia can and can't afford
Fox News
Vladimir Putin wants Russians to feel like there is no war and life is normal. But how long can it last? Economic editor Peter Mironenko on Putin’s purse strings.
"The regime has tried to do everything — especially in the first few months of the war — so people in the big cities especially wouldn’t feel the country is at war," said Peter Mironenko, editor of one of Russia’s top independent economic outfits The Bell, adding it is still a crime for Russian journalists to call it war. Amy Kellogg currently serves as a correspondent based in Milan. She joined FOX News Channel (FNC) in 1999 as a Moscow-based correspondent. Follow her on Twitter: @amykelloggfox
"Prices did go higher last year in Russia, surely, but they got higher in Europe too," Mironenko added. He explained that most Russians are not particularly feeling the pinch. Despite expectations Russia’s economy would tank last year, growth was only down 3%, and the International Monetary Fund expects modest growth this year.