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Spain's PM Sanchez warns of economic hit from Ukraine conflict

Published 02/24/2022, 09:34 AM
Updated 02/24/2022, 10:32 AM
© Reuters. FILE PHOTO - Spanish Prime Minister Pedro Sanchez speaks during a joint news conference with German Chancellor Olaf Scholz (not pictured) at Moncloa Palace in Madrid, Spain, January 17, 2022. REUTERS/Susana Vera

© Reuters. Spain's Prime Minister Pedro Sanchez gives a statement, after Russian President Vladimir Putin authorised a military operation in eastern Ukraine, at Moncloa Palace in Madrid, Spain, February 24, 2022. REUTERS/Jon Nazca/Pool

MADRID (Reuters) - Spanish Prime Minister Pedro Sanchez on Thursday warned the country would take an economic hit from the shockwaves caused by Russia's invasion of Ukraine and the sanctions imposed by the West, particularly in energy markets.

"We will take whatever measures are necessary to mitigate the economic impact, including the energy impact, of this crisis on Spanish society," he said during a televised address in Madrid.

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