Russians will ride out sanctions by 'eating less food'

Russia's Deputy Prime Minister Igor Shuvalov says Russians are ready to ride out the current economic crisis and will stick by President Vladimir Putin.

Russians will ride out crisis: deputy PM

Igor Shuvalov, First Deputy Prime Minister of the Russian Federation, smiles during a panel session at the 45th Annual Meeting of the World Economic Forum.

Russians are ready to ride out the current economic crisis, even by eating less food, and to stand by President Vladimir Putin's side regardless, the deputy prime minister says.

Speaking at the Davos Economic Forum on Friday, Deputy Prime Minister Igor Shuvalov said Western sanctions had united Russians around their leader, which will make it easier to push through painful reforms.

"We will withstand all hardships in this country, eat less food, use less electricity... but if we feel that someone outside wants to change our leader against our will... we will be more united than ever."

The West simply "does not understand the Russian mentality", Shuvalov said, denying that the crisis and sanctions would destabilise Putin's grip on political life or sway his position on Ukraine.

"If a Russian feels external pressure, he will never give his leader up," said Shuvalov, who is believed to be one of the richest men in the Russian government.
Shuvalov's remarks on austerity went viral, with some in the opposition posting photographs of luxury mansions that he allegedly owns on Twitter.

This year will essentially be a "hard landing" for the economy and people will have to learn to accept a "new reality," Shuvalov said.

The government will be able to introduce crisis measures since "consolidation and tough interior and exterior conditions are a good launching pad" for reforms, he said.

Putin enjoyed unprecedented support last year after the annexation of Ukraine's Crimean peninsula and his popularity has barely ebbed even as the economy has begun to suffer and the rouble has rapidly lost value.


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