MOSCOW- As the West imposes what have been called the most comprehensive sanctions on Russia since the end of the Cold War, many ordinary Russians say they have no fear of any economic measures the United States or the European Union may take against their country.

Since the Russian invasion of the Crimean peninsula at the end of last month, Western leaders have been threatening Moscow with economic sanctions.

Economists say that the already ailing Russian economy could be severely affected if harsh, targeted sanctions were implemented.

While the Russian government and other politicians have responded by preparing a series of counter measures, there is resolute confidence among many ordinary Russians that Russia is more than strong enough, economically and politically, to withstand any economic assault the West launches at it. The street mood seems defiant, even if economists warn of consequences in the face of strong sanctions.

In response to the recently announced sanctions, Russia this week imposed an entry ban on U.S. lawmakers and officials in retaliation.

On Thursday, the Russian Foreign Ministry released the list that includes John Boehner, the speaker of the House of Representatives, Robert Menendez, the head of the Senate Foreign Affairs Committee, other senators and administration officials.