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

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Prime Minister Pedro Sanchez gives a statement at Moncloa Palace in Madrid

MADRID – 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.

(Reporting by Nathan Allen and Emma Pinedo; Editing by Andrei Khalip)