Russia getting off the oil needle, Putin says

A third of the Russian

A third of the Russian budget is no longer dependent on oil and gas revenues, said President Vladimir Putin on Thursday, during his annual December press conference.

“This means that, while we’re not completely there, we are nonetheless starting to get off the so-called oil and gas needle,” Putin said. “If someone still wants to consider us as a gas station, then this has no real basis,” he added.

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