OREANDA-NEWS. Press Secretary of the President of Russia Dmitry Peskov commented on the words of the American leader Joe Biden that the Russian economy is "staggering" after the sanctions imposed on it.

“Of course, the Russian economy is now under serious pressure, serious blows, I would say. There is a margin of safety, there is potential, there are plans, energetic work is underway. It will stand on its feet, ”the Kremlin spokesman emphasized.

Earlier, US President Joe Biden said that the Russian stock market has lost 40% of its capitalization, trading remains suspended. The Russian economy is "reeling", and President Vladimir Putin is responsible for this.

On February 26, Washington imposed sanctions against Russian President Vladimir Putin, Russian Foreign Minister Sergei Lavrov, Russian Defense Minister Sergei Shoigu, and other members of the Russian Security Council.

Speaking of sanctions against Russia, Biden said that these restrictions cut off the country's access to technology and thereby deprive the Russian economy of strength and weaken its military.

“The Russian stock market has lost 40% of its capitalization, trading remains suspended. The Russian economy is reeling, and [Russian President Vladimir] Putin is responsible for this,” he stressed.

At the same time, the American leader explained that the restrictions imposed will only affect the Russian economy, and the US authorities will do everything to protect Americans from their possible negative effect.

This happened against the background of the fact that on February 24, President Putin announced the launch of a military special operation to protect the Donbass in response to a request for help from the heads of the LPR and DPR.