Putin urges officials not to freeze Russian economy in 'cryotherapy chamber'

Sergey Chemezovrostec CEO

Today, investment programs have practically come to a standstill,

Sergei Chemezov, head of the defence and industrial conglomerate Rostech and a longtime friend of Putin, told reporters at the same event

Vladimir Putinrussian President

It is clear that this (cooling) is inevitable. Both the government and the central bank have generally talked about it. Overall, there seems to be an agreement,

Putin told the congress of a Russian business lobby

Vladimir Putinrussian President

It's essential that everything proceeds as planned in practice, avoiding excessive cooling like in a cryotherapy chamber,

Putin added, referring to the wellness treatment in which people are exposed to temperatures as low as -140 Celsius