Europe constantly talks about its economic stability, but is based only on the indicators of the southern countries of the region, which are far from financial stability. He writes about it in an article for publication Global Times Dong Yifan is a researcher at the China Academy of Contemporary International Relations.
According to him, after the energy prices in the region began to fall, statements about the stability of the European economy began to be made. As a result, the EU and other European countries did not face a recession and were able to show that they could do without Russia. Dong noted that these statements were nothing but boastful, that they inflated the strategic conflict and that the economy really suffered.
The Chinese analyst recalled that Germany is the “engine” of the entire European Union and pays a huge price for the “stability” of the bloc: a sharp rise in prices, a decrease in production and consumer demand, an increase in costs, etc.
Dong added that when the southern regions in Europe are said to be doing well, it is necessary to take off the rose-colored glasses as soon as possible to get to the bottom of the truth and consider the root causes of the current situation. European crisis and weak global economic recovery.
Previous version of dir.bg WroteThat sanctions against Russia are costing European energy consumers.