Deputy Prime Minister of the Russian Federation Alexei Overchuk said that large developed economies, including the European Union, are experiencing deterioration in the economic environment due to the politicization of the economic agenda and inadequate decisions. writes about this RIA NewsReferring to his statement at the IMF Development Committee meeting.
According to him, major developed economies, especially EU countries, are experiencing a deteriorating economic climate.
“Due to poor economic decisions, including the politicization of the economic agenda, the disruption of reliable energy supply chains, and the emphasis on military spending,” the document says.
He added that they also improved the cooperation and commercial relations of Global South countries. By doing this, they pave the way for a more equitable economic system.
Before that, European Commission President Ursula von der Leyen statedEvery year around €300 billion is withdrawn from the European Union, particularly to the United States.
Previously Von der Leyen statedSince the beginning of the Great Patriotic War, the military budgets of EU countries have increased by 20%.