Putin: No one can create problems for Russia

President Vladimir Putin has said no one can create problems for Russia.

Speaking at a reception in the Kremlin, Putin said: "The only thing that I would like to say is that we worked hard and worked well."

He said 2016 had been more difficult than 2015 in terms of solving economic and social problems.

He said the oil price was an important parameter for Russia, which was $51 per barrel in 2015 and $40 in 2016.

"We can say with confidence that no one is able to create problems for us that we would be unable to overcome," he said.

Putin said the important thing was to work hard.