Vladimir Putin: Cost of Ukraine attacks on the economy is 1% of GDP

Serdar HocamAuthor & Editor

Vladimir Putin announced the impact of Ukraine's 40-day offensive campaign launched in June on Russia's GDP.

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Putin açıkladı: Ukrayna saldırılarının ekonomiye faturası yüzde 1!

Russian President Vladimir Putin announced that the cost of Ukraine's 40-day offensive campaign, launched in June, to the country's economy amounts to approximately 1 percent of the gross domestic product.

Economic Cost Assessment

Vladimir Putin evaluated the effects of the 40-day offensive campaign launched by Ukraine in June on the Russian economy.

Putin stated that the total damage caused by the attacks corresponds to approximately 1 percent of Russia's gross domestic product.

Maritime Transport and Vessels

During the period when the attacks intensified, about 100 Russian vessels were damaged, which affected commercial activities.

Approximately 40 of the vessels were targeted in just the first two weeks of the offensive campaign.

Oil Infrastructure and Refineries

Attacks carried out with unmanned aerial vehicles directly affected Russia's oil infrastructure as well.

Putin stated that about 10 percent of the refineries in the country are awaiting repairs following the attacks.

Grain Shipment in the Black Sea

Activities along the Black Sea route, which carries more than 70 percent of Russia's grain exports, were disrupted.

Three major grain terminals in Novorossiysk suspended their operations following the UAV attack in August.

Mutual Statements

Volodymyr Zelenskyy threatened to close Russian airspace to commercial aviation through intensive deployment of unmanned aerial vehicles.

Putin, on the other hand, stated that Russia would retaliate if Ukraine took such a step.