Western anti-Russian sanctions will lead to stagnation of the economies of European countries. Albert Bakhtizin, director of the Central Economics and Mathematics Institute (CEMI) of the Russian Academy of Sciences, said in an interview that the prohibitive measures will affect Germany, France, Italy and other EU countries the most. RIA News.
“Anti-Russia sanctions, whose number has reached almost 19 thousand, harm the European Union countries more than Russia,” Bakhtizin said.
According to him, 2024 will be another year of economic stagnation and political turmoil for the EU due to falling production and rising inflation.
Bakhtizin predicts that Germany’s GDP will decrease by 0.1% this year. He said the economy would grow only 0.4 percent in Italy and 0.5 percent in France.
Previously Russian President Vladimir Putin statedEurope’s leading economies are going through difficult times because they have become heavily dependent on the Russian Federation.
The head of state too aforementionedHe said that the economy of the Russian Federation has become the first in Europe and the fifth in the world in terms of purchasing power parity.
Previously Serbia in the name Impose sanctions on Russia.