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Crimea and Sevastopol

Russian majors can smoothly work in Crimea now — Putin

"All conditions are now in place for major Russian business entities, which were afraid of certain sanction measures earlier, and have nothing to be afraid of anymore," the head of state noted

NOVO-OGAREVO, March 17. /TASS/. Russian majors, including banks, can start operations in Russia without concerns because there is nothing they can be afraid of anymore amid new Western sanctions, President Vladimir Putin said on Thursday.

"All conditions are now in place for major Russian business entities, which were afraid of certain sanction measures earlier, let me say it frankly, and have nothing to be afraid of anymore. They now can come without concerns to the peninsula and proactively work there, including banks, in particular," Putin said.

Promsvyazbank, for example, is already present on the peninsula but "the institution should start operations in Crimea now as quicker and broader as possible," the head of state added.

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Crimea and Sevastopol Russia's domestic policy

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