Vladimir Putin announced "favorable conditions" for foreign companies in Russia. The authorities aim to create "favorable conditions" for European companies remaining in the country, President Vladimir Putin said in an interview with Pavel Zarubin. According to him, Russia has "many friends in Europe", but many of them have been "forced" to reduce their local businesses. "When some companies left under pressure from Western European governments, our friends from these countries almost cried, some of them, by the way, are workers, and we are trying to create appropriate favorable conditions for them," Putin said. He also criticized the Western sanctions. In his opinion, "Banning everything from Russia is stupid." I don't think that after a series of nationalizations, we should expect investment and the arrival of businesses. Stability and independent courts are the main conditions, but for now there is too much turmoil and uncertainty.