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Medvedev says Europe feels consequences of sanctions on Russia including hyper inflation

Dmitry Medvedev noted that Russia "isn’t having an good time" in this situation either

MOSCOW, May 26. /TASS/. Dmitry Medvedev, deputy chairman of the Russian Security Council, has said it’s hard for Russia live in the conditions of foreign sanctions but Europe is feeling the consequences of these decisions as well.

Medvedev, who’s also the chairman of the United Russia party, made the comments at the party’s conference entitled Entrepreneurship in a New Economic Reality.

"Residents of Europe started to feel all the ‘sweet’ consequences of anti-Russian sanctions: inflation or - for Europe - even hyper inflation, rising prices for fuel, housing, utilities, food, essential goods, job cuts and so on," he said. He also said Russia "isn’t having a good time" in this situation either.