Putin: implications of coronavirus to be worse than in 2008

According to him, the main risk is long-term unemployment, “the peak of which in any scenario will exceed the level of 2009”. The dynamics of this indicator will be the main indicator of the effectiveness of the measures taken, he added.

the Russian leader noted that in such circumstances, countries cannot follow the principle of “every man for himself”.

In this regard, he urged his colleagues to impose a moratorium on the mutual sanctions on the supply of essential commodities, medicines and equipment, and financial transactions.

it is “about the life and death of people,” Putin said, adding that the issue should be protected “from all sorts of political stuff”.

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