GENERICO.ruWorldIn Germany, they found a mistake in the anti-Russian sanctions of the West

In Germany, they found a mistake in the anti-Russian sanctions of the West

A technician checks meters at a German underground natural gas storage facility. Archival photoMOSCOW, 25 May. Western anti-Russian sanctions against the financial and energy sectors are ineffective, said Daniel Gross, a German economist and European Parliament adviser, in an interview with Spiegel. The expert explained that restrictions against the banking sector are effective only in the short term, but they are of little use over longer time periods, because Russia has ways to replace foreign financial instruments. Gross also pointed to the inefficiency of energy restrictions. “/wp-content/uploads/2022/05/a92f350ff1691da7b4c3a4a0291044aa.jpg” />Let's buy on Mars: Bulgarians were outraged by the refusal of the authorities to gas from RussiaHe explained that under the current conditions, Moscow has won, as its income from raw exports has grown. The economist called the American embargo on Russian oil and the EU plans to halve the consumption of Russian gas as symbolic steps. he. Gros also pointed out that Europe only announces goals, but does not have clear ways to achieve them. “We cannot avoid the realization that Russia has huge oil and gas reserves, which will always find buyers in the world” – the expert admitted. According to him, the maximum that the West can achieve is a reduction in Russia's oil and gas revenues by 20 percent. Gross also rejected the idea of ​​setting a maximum price for Russian oil and suggested imposing duties, thus keeping part of Moscow's profits.Geopolitika: Europe will disintegrate and pay a high price for the Ukrainian crisisGermany, like other Western countries, has faced severe economic problems – rising energy prices and a surge in inflation – due to the imposition of sanctions against Russia after the start of a special operation to demilitarize and denazify Ukraine. The measures mainly affected the financial sector and the supply of high-tech products, but in Europe they began to call louder to reduce dependence on Russian energy resources, and many brands announced their withdrawal from the country. The Kremlin called these restrictions an economic war, but noted the readiness for such a development of events. The Bank of Russia takes measures to stabilize the situation on the foreign exchange market; payments for gas supplies to unfriendly countries were transferred to rubles. The government also prepared a plan to counter restrictive measures, which includes about a hundred initiatives. The volume of its financing will be about a trillion rubles.


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